U.K. manufacturing expands less than forecasted

Source: Bloomberg
Industrial production in the United Kingdom rose less than predicted in December of 2013, while the overall trend for country's economic development remains positive. Output added 0.4% on a monthly basis, while the median estimation of 31 Bloomberg economists was a 0.6% advance. Factory output, however, jumped 0.3%. This sector of the U.K. economy accounts only for 15% of GDP.
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Fri, 07 Feb 2014 10:57:27 GMT

Treasuries fall before payrolls today

The U.S. Treasuries declined on Friday session and were set to record their first weekly drop so far this year amid speculation that today's payroll report may force the U.S. Federal Reserve to trim its bond purchases further. The benchmark 10-year government notes yielded at 2.70% as of 8:16 a.m. London time.

Fri, 07 Feb 2014 10:57:04 GMT

Australia's growth may record 2.25-3.25% this year

Forecasts of economic growth and inflation in Australia was raised by the Reserve Bank mainly due to a weaker currency boosting exports and restraining imports to the country, the latest Monetary Policy Statement published by the bank showed on Friday. Australia's growth is forecast to record 2.25-3.25% at the end of this year, while inflation should grow by 3%.

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