Australian current account deficit declined by 15% in Q4 of 2011

Note: This section contains information in English only.
Source: Forexfactory
Australian current account deficit decreased by 1,023 million US Dollars, or by 15% in Q4 of 2011, approaching 5,637 million US Dollars on a seasonally adjusted basis. At the same time, balance of goods and services showed a surplus of 6,801 US Dollars, indicating a 583 million US Dollars, or 9% gain. The primary deficit of income lost 3% to 12,364 US Dollars.


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Tue, 06 Mar 2012 08:40:47 GMT

European shares closed lower on Monday

European equity markets closed down on Monday, driven by financial and mining stocks as PMI data showed business activity declined in the Euro Zone in February. Stoxx Europe 600 index and FTSE 100 index each fell 0.6% while German DAX dropped 0.8%. Spanish benchmark IBEX 35 index tumbled 1.3% and Italian FTSE MIB index lost 0.7%. French CAC 40 index traded 0.4% lower.

Tue, 06 Mar 2012 08:05:19 GMT

Loonie falls on China's growth rate cut

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