Australia's growth may record 2.25-3.25% this year

Note: This section contains information in English only.
Source: RTT News
Forecasts of economic growth and inflation in Australia was raised by the Reserve Bank mainly due to a weaker currency boosting exports and restraining imports to the country, the latest Monetary Policy Statement published by the bank showed on Friday. Australia's growth is forecast to record 2.25-3.25% at the end of this year, while inflation should grow by 3%.

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Fri, 07 Feb 2014 10:57:27 GMT

Treasuries fall before payrolls today

The U.S. Treasuries declined on Friday session and were set to record their first weekly drop so far this year amid speculation that today's payroll report may force the U.S. Federal Reserve to trim its bond purchases further. The benchmark 10-year government notes yielded at 2.70% as of 8:16 a.m. London time.

Fri, 07 Feb 2014 10:46:03 GMT

Industrial output in Spain increases for second month

Manufacturing production in Spain posted an advance for the second consecutive month in December of the last year, though the pace of increase slowed slightly. The indicator rose 1.7% on the annual basis after a 2.4% surge in November. Month-by-month, production decreased 0.3%. Analysts explain the positive trend with gradual economic recovery in the country.

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