South Korean inflation rose in September

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Source: Forexpros
© Scanpix/AP

South Korean consumer price inflation quickened in September but was still well below the central bank's target, the Korea National Statistical Office reported Tuesday. Nation's CPI annual inflation rate picked up to 2.0%in September, up from a 12-year low of 1.2% in the previous month.

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Tue, 02 Oct 2012 19:17:44 GMT

Brazilian industrial production rose less than expected

Output at Brazil's mines and factories rose less than expected last month, the Instituto Brasiliero de Geografia e Estatistica said Tuesday. Brazilian Industrial Production advanced to -2.0%, up from -2.7% in the previous month. Analysts had predicted nation's industrial production to jump to -1.5% in September.

Tue, 02 Oct 2012 18:55:44 GMT

Wall Street edged higher on Tuesday

Wall Street edged higher on Tuesday after a report that Spain soon will request a sovereign bailout from the eurozone and the market sentiment remained supported by yesterday's better-than-expected U.S. manufacturing data. The Dow Jones Industrial Average rose 0.3%, to 13,556; the Standard & Poor 500 Index gained 0.5%, to 1,451.07, while Nasdaq-100 futures jumped 0.6%, to 3,130.7.

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