Australia leading index show above-trend growth

Note: This section contains information in English only.
Source: RTTNews
© Scanpix/Reuters
Westpac and Melbourne Institute reported on Wednesday that a leading index of the country's economic performance signalled above-trend growth of the economy. The annualized development of the index reached 5.4% in April, which was significantly higher than the long-term trend that is equal to 3%.
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Wed, 19 Jun 2013 13:03:12 GMT

U.S. crude little changed at $98

Oil prices were little changed at the Tuesday's close before the Fed policy meeting, which could indicate whether the Fed officials will start tapering stimulus at its meeting today. Brent crude oil futures for August delivery rose 55 cents at $106.02 per barrel after reaching $106.24, while U.S. crude oil futures gained 67 cents at $98.44 per barrel, after touching

Wed, 19 Jun 2013 12:37:05 GMT

Swedish unemployment falls

On Wednesday, Statistics Sweden revealed that unemployment rate declined unexpectedly in May. The figure for May declined down to 8.2%, compared to a reading for the preceding month that was equal to 8.7%. Economists, however, expected that jobless rate in Sweden will increase to 8.8% last month.

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