US factory orders posted 1.1% gain in December

Source: Forexfactory
US factory orders increased by 1.1% in December, reported the Commerce Department. The figure was below the expectations of a 1.4% increase. Shipments soared by 1.4% while unfilled orders climbed by 1.4%. At the same time, inventories rose by 0.1% while durable goods added 3.0% in December.

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Mon, 06 Feb 2012 07:36:41 GMT

Indonesian economy expands most since 1996

Indonesian economy expanded in 2011, reaching record high pace since pre-Asian crisis period in 1996. Indonesia's annual GDP added 6.5% compared to predicted 6.44% growth. Indonesia has outperformed its neighbour countries including Philippines and Thailand. A rapid private consumption growth signals surging customer confidence despite global uncertainty, suggest Bank Danamon Indonesia's economists. 

Fri, 03 Feb 2012 18:10:01 GMT

Rural commodities mixed amid expected crops curbs

Agricultural commodities, excluding wheat, inched up on Thursday amid expected decline in crops. Wheat, the only loser, tumbled by 1.71% as traders cashed out to book gains after previous rally and as Russia delayed its grain export decision. Other grain commodity, corn, was supported by the 30% fall of Argentinian exports. Sugar was slightly higher due to speculations over Brazilian

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