US vehicle sales are expected to have remained strong in March

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Source: Forexfactory
US car sales are likely to have remained strong last month, say auto producers. The sales are likely to have climbed at the fastest pace in the last four years in the March quarter amid improved outlook on the US economy. Strong US sales are likely to have offset weak demand from the Euro Zone, the auto makers added.


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Mon, 02 Apr 2012 08:27:27 GMT

Crude oil catches a spree after China's manufacturing data

Crude oil futures climbed during Asian session on Monday, being supported by China's factory data, which showed expansion last month. Light, sweet crude oil futures for May delivery traded at 103.40 US Dollars per barrel on the New York Mercantile Exchange, appreciating by 0.37% from the last session's low of 103.27 US Dollars per barrel.

Mon, 02 Apr 2012 11:25:08 GMT

Euro Zone officials to look for global help

17-country FMs voted in favour of a firewall package adding EUR 500 billion (USD 667 billion) fresh rescue cash to EUR 300 billion already provided to bailout programs. The overall firewall size now totals USD 1 trillion plus about EUR 1 trillion ECB aid to the region's lenders. Europe has met the requirements and now awaits talks with IMF on

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