Wholesale Inventories rise 0.1% in US

Source: Investing.com
The Department of Commerce reported on Tuesday that Wholesale Inventories in the United States increased 0.1% month-over-month in March, in line with market expectations and surpassing the previous month's reading, which was revised downward to -0.6% from the earlier estimate of -0.5%.
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Tue, 10 May 2016 15:26:06 GMT

US job openings reach second record high

According to the latest JOLTS report released on Tuesday, March registered 5.8 million job openings, whereas analysts expected only 5.5 million openings. The third month of the year showed the second best result after July 2015. In the meantime, the quits rate dropped to 2.1% from 2.2%, and the layoffs and discharges was 1.2% in March.

Tue, 10 May 2016 14:53:15 GMT

NIESR forecasts BoE's base interest rate to remain unchanged

The UK's National Institute of Economic and Social Research revised down its growth forecast for the current year from 2.3% to 2.0%. In addition, the NIESR stated that the Bank of England's key interest rate would stay at the same level until the end of 2017, despite the Brexit outcome.

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