China's exports grew more than expected

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Source: Bloomberg
© Scanpix/AP
China's exports grew more than expected in September, adding to signs the world's second-biggest economy is stabilizing following a slowdown that started in Q1 of 2011. Overseas shipments rose 9.9% from the previous year, according to the customs administration. A central bank showed that M2 money supply increased 14.8%, the fastest pace since the mid of 2011.
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Mon, 15 Oct 2012 06:54:18 GMT

U.S. retail sales probably rose in September

U.S. retail sales probably increased in September as demand for cars kept improving, economists said before the data this week. The 0.8% gain would follow a 0.9% increase in August, according to economists' projection. Other data may indicate manufacturing stabilized and fuel prices pushed up the cost of living. 

Mon, 15 Oct 2012 06:32:17 GMT

Aussie strays lower ahead of RBA minutes

The Australian Dollar stayed lower after a drop at the end of last week ahead of the RBA minutes of the October meeting, which will be realised tomorrow. The Aussie Dollar was close to a 3-month low after the RBA Governor Glenn Stevens said there is scope to further borrowing costs cut. The Aussie traded at $1.0219, after falling 0.3%

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