U.K. economy expands 1.9% in 2013, beating Treasury forecasts

Source: Bloomberg
Economic growth in the United Kingdom reached 0.7% in the last quarter of the previous year, while on the annual basis GDP advanced as much as 2.8%. Speaking about 2013, economy increased 1.9%, beating the Treasury expectations at 1.8%. Services sector of the U.K. economy surged 0.8% on a quarterly basis, while manufacturing climbed 0.9% and construction dropped 0.3%.
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Tue, 28 Jan 2014 10:41:23 GMT

Treasuries drop as Fed may taper off

U.S. Treasuries declined on Tuesday trading session amid speculation that the U.S. Federal Reserve may curb its bond-purchasing program further by $10 billion a month as the policy meeting begins today. The benchmark 10-year government bond yields advanced three basis points to 2.78% as of 9:02 a.m. in London.

Tue, 28 Jan 2014 10:08:05 GMT

Japan's business confidence rises in January

Business confidence among small and medium-sized companies in the Asia's second largest economy improved in January rising for the fourth consecutive time, the latest survey published by the Shoko Chukin Bank showed on Tuesday. According to the survey, the country's business confidence index rose from December's level if 51.1 to January's 51.3.

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