India's inflation gains to 3-month high in March

Source: RTT News
Inflation measured as wholesale price index in India accelerated in March rising towards the strongest level in three months as fuel and food costs advanced on the month, a report released by the Reserve Bank of India showed on Tuesday. The Indian WPI added 5.7% in March compared to a level of 5.3% originally forecast.

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Tue, 15 Apr 2014 15:03:06 GMT

New York manufacturing activity eases in April

Manufacturing sector in New York area remained flat in April with the index measuring business activity in the sector eased more than forecast, the latest date unveiled by the Federal Reserve Bank New York showed on Tuesday. The bank's business condition index weakened from a level of 5.6 points in March to 1.3 points in April.

Tue, 15 Apr 2014 14:24:04 GMT

Euro under pressure after Draghi's comments

The 18-nation bloc currency was traded under pressure on Tuesday after the European Central Bank President Mario Draghi comment over the past weekend that the monetary stimulus program may be implemented soon as the region's economy keep struggling. The Euro fell 0.15% to 140.55 yen and it was last seen at $1.3800, down from Friday's level of $1.3906.

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