German exports increased again in March

Note: This section contains information in English only.
Source: BBC
Germany's exports continued to expand in March, indicating growth for the third consecutive month. Exports of goods approached 98.9 billion Euros in March while total exports gained 0.9% in March on a seasonally adjusted basis, after surging by 1.5% in the preceding month. Meanwhile, trade surplus remained steady at 13.7 billion Euros in March.


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Thu, 10 May 2012 14:11:10 GMT

Bank of England leaves bank rate and asset purchase program unchanged

Monetary committee of Bank of England left interest rate paid for reserves of commercial banks at 0.5%. Asset purchase program remained at previous, GBP 325b, level. Last time bank rate was changed in March 2009. It was lowered by 0.5% to current level. Asset purchase level was previously increased by GBP 50b in February 2012. 

Thu, 10 May 2012 09:06:10 GMT

Australian jobless rate declined to 4.9% in April

Australian jobless rate decreased unexpectedly in April, reported Australian Bureau of Statistics. The rate of unemployment in the country tumbled to 4.9% on a seasonally adjusted basis in April as compared to 5.2% in March. Experts predicted the jobless rate to increase to 5.3% in April. Following the data release, Australian Dollar appreciated against its US counterpart and AUD/USD traded

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