New Zealand PPI rebounds in June

Source: RTTNews
New Zealand's PPI rebounded in the second quarter on rise in electricity prices, Statistics New Zealand said on Friday. The output PPI rose 0.3% on quarter on June, after a 0.1% drop in a preceding quarter, despite economists' estimate of a 0.2% decline. The input PPI increased 0.6% on quarter, compared to a 0.3% surge in the first quarter.
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Fri, 17 Aug 2012 10:15:36 GMT

Most Europe stocks advance

Most Europe's stocks increase, lead by the Stoxx Europe 600 Index set for its 11th straight weekly gain, as investors expected reports on U.S. consumer sentiment and leading economic indicators. The Stoxx 600 advanced 0.1% to 271.54, with three shares gaining for each one that dropped. The benchmark gauge is set for a 0.6% rise this week, prolonging the strongest

Fri, 17 Aug 2012 15:50:55 GMT

Treasuries jumped on economic data

The U.S. treasuries jumped on Thursday, pushing 10- year note yields lower by 1.43% to 1.79%. The two-year notes erased 1 basis point to 0.28%. Initial jobless claims in the U.S. rose slightly to 366 thousand in the week ended August 11. In the property market, the number of new residential buildings declined by 1.1 per cent in July to 746,000 units.

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