China shows signs of economic recovery after 7-quarter slowdown

Source: Bloomberg
© Scanpix/FP
China's retail sales, fixed-asset investment and industrial output accelerated in September, easing pressure to add stimulus in order to support nation's economy after a 7-quarter slowdown.  GDP rose 7.4% in the Q3 from the previous year, according to the National Bureau of Statistics.  The figure matched economists' forecast. GDP expanded 2.2% from the Q2, a 4-quarter high. 
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Thu, 18 Oct 2012 10:45:26 GMT

Swedish Krona gains on Riksbank comment

The Swedish Krona strengthened by 0.4% versus the Euro to 8.6091 and by 0.36% against the U.S. Dollar to 6.5651 on early London trading session. The Krona appreciated against the major currencies, as the Riksbank governor Stefan Ingves published comment that keeping the domestic key interest rate low for a long time contains a high risk and it should not

Thu, 18 Oct 2012 08:04:29 GMT

Sugar fell as output in Brazil is set to rise

Farm commodities were mixed on Wednesday amid broadly weaker US Dollar and positive economic data from the US. However, soft demand for US exports weighted down on the commodity group. Wheat was the top-performer, erasing previous losses as dry weather in the US southern Great Plaints is threatening to cap output. At the same time, rains in Arkansas and Ohio

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