Canadian economic growth to jump in Q3

Source: Bloomberg
According to the Bank of Canada projections, the country's economy is on its way to the stable and strong recovery, as it will most likely show a significant rise in a pace of expansion in the third quarter. It is predicted that the Canadian economy will add 2.5% in the July-September quarter of the current year on the annual basis, while in the previous quarter GDP advanced only 1.7%.
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Thu, 28 Nov 2013 11:31:03 GMT

World equities rise on favourable U.S. data

Global shares advanced on Thursday rising towards the strongest level in six-years, while the Japanese Yen dropped against the Euro and the U.S. Dollar as investors' mood increased after favourable economic data in the U.S. The broadest MSCI world equity index tracking stocks from 45 countries added 0.2% touching its historical high since it began in 2008.

Thu, 28 Nov 2013 09:44:08 GMT

New Zealand business confidence reaches 15-year high

The business confidence level in New Zealand rose almost to the 15-year highest level in November of 2013, as a retail sector expands and businesses expect the profit amounts to advance. The benchmark index surged to 60.5 points in November from 53.2 a month earlier. At the same time, economists point out that the largest growth in employment was registered

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