German manufacturing turnover slips in December

Source: RTT News
Manufacturing sector in the Europe's largest economy eased in the last month of 2013 after recording a notable advanced in the previous month, a report published by the Federal Statistical Office showed on Monday. German manufacturing sector turnover fell on a monthly basis by 1.5% in December after rising by 2.4% in the prior month.

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Mon, 10 Feb 2014 08:48:05 GMT

Pound drops before BoE showed inflation report

The British Sterling declined on Monday snapping its two-day gain against its U.S. counterpart before the Bank of England revealed its outlook for the nation's economy and the consumer price index in the quarterly report published this week. The Pound fell 0.1% to $1.6403 as of 8:01 a.m. in London following an advanced by 0.6% in the last two sessions.

Mon, 10 Feb 2014 08:59:05 GMT

U.S. Dollar rises despite unfavourbale jobs data

The U.S. Dollar inched higher on Monday rising towards the highest level since the end of January amid expectations that the U.S. Federal Reserve may trim its stimulus measures despite disappoint jobs data revealed on Friday. The U.S. Dollar Index measuring its performance against most-traded peers gained 0.1% to 80.735, up from its one-week trough of 80.599.

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