Australia consumer confidence rises in October

Note: This section contains information in English only.
Source: RTTNews
Australian consumer sentiment advanced marginally in October, Westpac and Melbourne Institute reported on Wednesday. However pessimists outnumbered optimists even after an unexpected quarter-point cut in the cash rate by the RBA early this month. The headline consumer sentiment index added 1% to 99.2, compared to 98.2 in September.
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Wed, 10 Oct 2012 08:24:05 GMT

German WPI surges in September

Germany's Wholesale Price Inflation accelerated in September at the highest pace since Nov. 2011, Destatis said on Wednesday. WPI increased at a faster-than-expected pace of 4.2% on year from a 3.1% growth in August. Economists had estimated a rise of 3.3%. On month-on-month basis, WPI added 1.3%, compared to 1.1% advance in the previous month, while economists expected a 0.5%

Wed, 10 Oct 2012 12:11:02 GMT

Aussie stops its 2-day rally before unemployment data

The Australian Dollar stopped its 2-day strengthening before unemployment data, which may indicate that jobless rate rose to the highest level in 3 months. The Aussie Dollar traded at $1.0201 after gaining 0.2% in previous 2 days. Australia's currency stayed unchanged at 79.86 yen, whereas New Zealand's Dollar fell 0.3% to 81.59 U.S. cents.

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