Euro area factory output rises lightly in September

Source: Reuters
The Euro area's recovery is still uncertain, due to the industry output level, which rose in September at a slower pace than it was expected, highlighting the number of European cars and television sold was slowing down. The Euro zone factory output increased 0.6% in September versus the month earlier, boosted by energy and machinery.
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Thu, 13 Nov 2014 10:33:10 GMT

China faces slowdown amid weak industrial factory output and investment

World's second largest economy faces more headwinds to achieve its growth target, as the changes in industrial production and the level of investments in fixed asset failed to meet expectations. These disappointing results should lead to more pressure on the government to provide stimulus for the economy. The industrial production and investments grew 7.7% and 15.9%, respectively.

Wed, 12 Nov 2014 11:43:04 GMT

Gold price rises while holdings continue to contract

The price of gold rises for a second day in a row amid the weakening Greenback, even though holdings of the largest exchange-traded fund keep declining. Nevertheless, the market analysts say the metal could reach a low of $1,000 an ounce by the end of the year.

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