U.K. economy will surge in Q3

Note: This section contains information in English only.
Source: RTT News
© Scanpix/Reuters
Economy of the United Kingdom is posing for a strong rise in the third quarter of 2013, while all major industries, including services, manufacturing and construction are showing an increase in activity, as PMI Indexes are around 60 points. Analysts predict the U.K. economy to add at least the same 0.7% (as in Q2) or more in Q3. However, the widening July trade deficit may cause some problems for growth.
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Mon, 07 Oct 2013 09:24:16 GMT

Japanese Yen gains versus peers

The Japanese Yen advanced versus its most-traded counterparts after U.S. Treasury Secretary Lew extended nation's debt limit, increasing demand for Japanese currency. The Yen appreciated 0.4% to 97.13 per Dollar at 6:44 a.m. London time and rose 0.3% to 131.81 per Euro. Japan's currency usually advances during times of economic problems as it is not reliant on overseas capital.

Fri, 04 Oct 2013 13:45:06 GMT

S&P confirmed Greece rating at B-

Today S&P rating agency confirmed sovereign credit rating of Greece at B- level, while the short-term rating was kept at B with stable outlook. As the country faces lots of budget-related problems, economists start talking about new bailout package that could possibly reach 2-4 billion euros. On the other hand, this amount is much smaller than 240 billion euros received

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