IMF cuts its global growth forecast on Tuesday

Source: BBC News
The IMF worsened its global growth outlook to 3.2%, following January's 3.4% forecast. Meanwhile, during the first hour of the North American trading session on Tuesday, the Dow Jones Industrial Average grew 19.4 and the S&P 500 Index added 2.1, reaching 17,575.79 and 2,044.08 points respectively, whereas the Nasdaq Composite Index lost around 2.5 to 4,830.86 points.
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Wed, 13 Apr 2016 14:23:16 GMT

US retail sales decline 0.3% in March

The US Census Bureau released the Advance Monthly Sales for Retail and Food Services report on Wednesday. Total US retail sales dropped 0.3% in March, surpassing analysts' forecast of a 0.1% rise and registering a 1.7% year-on-year increase. Meanwhile, the prior month's 0.1% decline was revised to a 0% change.

Tue, 12 Apr 2016 15:06:06 GMT

US import prices grow 0.2% in March

The US Department of Labour announced on Tuesday that the country's import prices added 0.2% in March, following February's 0.4% drop and registering its first increase since June 2015. Moreover, it was the biggest jump since May 2015. Nevertheless, analysts expected to see a 1.0% rise in the third month of the year.

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