Car sales in the U.S. continue to surge

Source: Bloomberg
© Scanpix/Reuters
American automakers fixed a one more successful month in terms of rising sales. The car market in the U.S. continues the rising tendency. Both General Motors and Ford exceeded economists' estimates for August sales, with the GM sales surging 15% and Ford adding 12%. Overall U.S. car sales in August were 1.47 million units, a rise of 14%, reaching the highest sales number since 2007.
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Thu, 05 Sep 2013 07:56:06 GMT

BoJ maintains stimulus programme

Japanese policymakers introduced no adjustments to the current levels of the stimulus programme, pledging to inject 60-70 trillion Yen per year. The Bank of Japan also said the economy is on the right track, supported by a pickup in exports and increased inflows of investment. Meanwhile, interest rate remained unchanged as well.

Wed, 04 Sep 2013 15:53:04 GMT

Japanese 10-year bond yields may drop to 0.25%

Japanese economy may not reach the target inflation index in the nearest future, as the government of Shinzo Abe awaits it to be. Accordingly, a lot of economists predict the 10-year Japanese bond yields to shrink to 0.5% till the end of the fiscal year and to 0.315% by April 5. Currently the government bonds are trading at 0.765%, while

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