UAE non-oil private sector continues to grow in October

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Source: RTT News
The United Arab Emirates non-private sector expanded in October, however, the rate of increase eased from the previous month, a report published by the Markit Economics revealed on Tuesday. The UAE private sector slipped from a level if 56.6 in September to 56.3 recorded in the following month indicating growth in the sector with the reading above 50.

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Tue, 05 Nov 2013 11:35:03 GMT

Britain's currency rise versus U.S. Dollar and Euro ahead of U.K. service output data

The Sterling traded at $1.5959 at 7:37 a.m. in London, following a 0.3% increase on Monday, as Markit Economics indicator of U.K. construction industry advanced the most in six years, Markit Economics said. GDP is estimated to grow 1.4% this year and 2% in 2014, according to London-bases Niesr today's data. One Euro buys 84.56 pence.

Tue, 05 Nov 2013 11:13:04 GMT

India's private sector continues to contract in October

Private sector in India recorded a modest increase in October with the gauge measuring the activity staying below a level of 50 for the fourth successive month signalling contraction in the sector, a survey published by Markit Economics revealed on Tuesday. India's HSBC composite output index advanced from 46.1 in September to 47.5 in the following month.

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