Australian motor vehicle sales gain 1.8% in November

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Source: RTT News
Australia's motor vehicle sales advanced in the month of November, however, the figure stayed below the forecast, a report revealed by the Australian Bureau of Statistics showed on Tuesday. According to the report, the country's overall sales of new vehicles added 1.8% standing at 94,978 in November, while it was projected to increase by 2.5% after rising 0.7% in October.

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Tue, 17 Dec 2013 08:31:20 GMT

European shares fall before Fed's meeting starting today

European equities dropped on Tuesday trading session after recording the largest streak of gains in a two-month period as investors weighed the outcome of the Federal Reserve policy meeting starting today possibly bringing a stimulus scale back. The Euro Stoxx 50 Index futures expiring on Friday fell 0.3% to 2,967 as of 7:08 a.m. London time, while the London's FTSE

Tue, 17 Dec 2013 08:42:06 GMT

Australian budget deficit is forecast to widen to A$47 billion

The Australian budget deficit is forecast to widen by more than economists initially expected in 2013-14 amid weaker prospects of local economy weighing on the nation's public finances, a report published by the Economic and Fiscal Outlook showed on Tuesday. According to the report, the country's deficit may widen to A$47 billion compared to a level of A$30 billion projected

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