U.S. ISN non-manufacturing PMI better than expected in August

Note: This section contains information in English only.
Source: Forexpros
The Institute for Supply Management said in a report that the U.S. non-manufacturing index jumped to 53.7 in August compared to previous month's reading of 52.6. Experts had predicted the headline reading to advance 53.0 in the month.  Any reading above 50 indicates nation's non-manufacturing sector is generally expanding.
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Thu, 06 Sep 2012 14:52:31 GMT

ECB to resume bond-buying program

Eurozone's policy makers agreed to an unlimited bond- purchase program to regain control of interest rates in the region. The decision was made during today's press conference in Frankfurt after the ECB held its benchmark rate at a record low of 0.75 per cent. The European Central bank will target government bonds with maturities from one to three years, including longer-dated debt that has a

Thu, 06 Sep 2012 16:38:34 GMT

German shares surged on upbeat factory orders data

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