New Zealand's trade balance drops in August

Note: This section contains information in English only.
Source: ICN.com
New Zealand's economy posted its largest annual trade deficit in 3 years, with exports declining to a 19-month low due to a fall in diary shipments. Trade balance slid to a deficit of -789 million in August, from upwardly revised 97 million in July and exceeding analysts' estimate of -630 million. Exports slipped to 3.32 billion from 4.05 billion in July, while imports rose to 4.10 billion from 3.55 billion.
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Wed, 26 Sep 2012 07:32:46 GMT

Euro drops ahead of retail data, sentiment

The Euro slipped to a two-week low before the data expected to show decreases in Italian retail sales and European consumer sentiment. The common currency tumbled 0.2% to $1.2868, the lowest since Sept. 13. The Euro lost 0.4% and traded at 99.98, after reaching 99.97 Yen, again the weakest level since Sept. 13.

Tue, 25 Sep 2012 18:36:24 GMT

Wall Street turned green on data

U.S. stocks edged higher on Tuesday, September 25, as reports on consumer confidence and the housing market showed some improvement. The Dow Jones Industrial Average rose 0.40%, to 13,612.84; the Standard & Poor 500 Index added 0.43%, to 1,463.19, while Nasdaq 100 futures jumped 0.47%, to 3,175.76.

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