U.S. car sales to surge in May despite recalls

Note: This section contains information in English only.
Source: Bloomberg
Total car sales in the United States will most likely climb in May of the current year, while market analysts wait for a 6.5% monthly increase to 1.54 million units. It will bring the annual sales' indicator to 16.1 million cars. Moreover, the advance is also expected to be shown by American GM and Chrysler, which have been active in recalling a high number of cars in recent months.
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Mon, 02 Jun 2014 10:00:04 GMT

Economists wait for new ECB stimulus measures this week

According to the analysts' expectations, the ECB will most likely announce new support measures in the single currency area in order to withstand the low inflation and high unemployment level. Among measures, the forecasts vary from lowering key interest rate and making the deposit rate negative to the long-awaited quantitative easing program, which has not been practiced by the ECB

Mon, 02 Jun 2014 09:38:03 GMT

Australian building approvals drop in April

The total number of building approvals in Australia unexpectedly declined in April of 2014, with approvals for building townhouses and apartments dropping as much as 14%. Other approvals fell 0.3%, bringing the average decrease to 5.6%, while analysts predicted a 2.1% rise of the indicator. On the annual basis, building permits advanced 1.1% in April of this year.

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