Italy's industrial output falls unexpectedly in August

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Source: RTT News
© Scanpix/FP
Industrial production in Italy dropped surprisingly in the month of August, a report released by the statistical office Istat revealed on Thursday. The report showed that the country's industrial output fell 0.3% on a sequential basis in August compared to an increase of 0.6% originally expected  following a 1% slip recorded in the previous month.

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Thu, 10 Oct 2013 11:57:07 GMT

Japan's consumer confidence notably improved in September

Consumer confidence in Asia's second largest economy notably improved in the month of September, when the pace of growth exceeded economists' expectations, the Cabinet Office showed in a report on Thursday. According to the report, Japan's consumer confidence index rose from 43 points recorded in August to a level of 45.4 in September.

Thu, 10 Oct 2013 11:35:03 GMT

U.S. Dollar rises amid progress in debt ceiling talks

The U.S. Dollar strengthened against the majority of its most-traded counterparts on Thursday amid signs of progress in the Federal debt ceiling talks between Barack Obama and congressional lawmakers to avoid a technical debt default. The so-called Greenback increased 0.2% versus the Japanese Yen to 97.53 Yen rebounding from the lowest level in 2 months at 96.55.

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