BoJ keeps rates low unless inflation steadies at 2%

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Source: RTT News
The central bank of Japan will likely to maintain its benchmark interest rates unchanged at a record lows until its inflation target of two percent is achieved, the BoJ Governor Kikuo Iwata claimed on Thursday. The Bank of Japan keeps the rates low even if the 2% inflation target is reached on an annual basis, unless the consumer prices stay around 2% in stable manners.

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Thu, 06 Feb 2014 10:18:03 GMT

France's factory sector may rise in 2014: Insee survey

Manufacturing sector in France will likely to expand faster than originally expected in 2014 after showing a contraction in a survey revealed in October, the statistical office Insee unveiled in a survey on Thursday. The country's business investment is forecast to rise by 3% this year following a drop by 7% in 2013, while in October the same survey predicted

Thu, 06 Feb 2014 09:56:13 GMT

U.S. Dollar index rises as service sector grows

The U.S. Dollar index slightly fell on Thursday session after hitting the session highs on Wednesday after data published by the Institute for Supply Management showed that service sector in the country rose more than expected last month. The U.S. Index measuring its performance against most-traded peers gained from 81.065 to 81.240 reached earlier.

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