U.S. business inventories grow matching forecast in August

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Source: RTT News
© Scanpix/FP
Business inventories in the world's largest economy increased matching economists' projections in the month of August, the Commerce Department reported on Tuesday. According to the report, U.S. business inventories advanced 0.3% in August after the figure jumped 0.4% in the month before, while merchant wholesalers' inventories added 0.5% on the month.

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Wed, 30 Oct 2013 07:15:04 GMT

U.S. consumer confidence falls sharply on shutdown in October

Consumer confidence in the U.S. recorded a steep declined in the month of October caused mainly by this month's partial government shutdown, a report published by the Conference Board revealed on Tuesday. The report showed that consumer confidence index slipped from 80.2 in September to 71.2 in the following month, while it was expected to slide to 75.0.

Tue, 29 Oct 2013 17:48:04 GMT

U.S. 5-year yield declined the most since June before today's sale

The U.S. government five-year yield declined two basis points to 1.27% as of 11:47 am in New York, the weakest level since June, amid speculations Fed is likely to hold tapering its debt-purchase programme until next year, which will boost a demand for $35 billion securities sale. Meanwhile, the price for 1.375% security note maturing in September 2018 added 63

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