UK retail sales fall more than expected

Note: This section contains information in English only.
Source: WBP
The UK retail sales dropped -0.5%, failing to meet expectations of a 0.4% growth in March, amid the fall in fuel sales of 6.2%. Elsewhere, the BOE's MPC members agreed on present refinancing rate of 0.5% and unanimously settled on the QE amount of 375 billion pounds. Meanwhile, the Sterling weakened against the Greenback and after the data release was traded at $1.4960. 
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Thu, 23 Apr 2015 12:06:06 GMT

Oil prices drop amid strong Greenback, bombing, and record inventories

On Thursday, the oil prices dropped amid Yemen's revived bombing, stronger Greenback, and higher-than-expected crude inventory in the US. The WTI futures slipped 0.59% to $55.83 a barrel, when Brent futures edged lower 0.66% to $62.32 a barrel. Meanwhile, crude inventories added 5.3 million barrels last week, beating the estimate of 2.5 million barrels.

Thu, 23 Apr 2015 11:44:04 GMT

French PMI drops in March

French PMI for services and manufacturing sectors dipped to 50.2 in March, down from 51.5 month ago. Services sector sank to 50.8 compared to 52.4 in February, while the measure of manufacturing activity dropped from 48.8 to 48.4. Despite low oil costs and the QE programme, country's economy remains weak. Meanwhile, France's economy expanded 0.1% in Q4 2014.

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