Australian core inflation is surprisingly high

Note: This section contains information in English only.
Source: Bloomberg
The cost of living in Australia increased more than expected, decreasing the need for the Cental bank to cut interest rates. According to the Statistics Bureau the core price level gauge increased 0.7% compared to the previous quarter, when the growth was equal to 0.3%.
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Wed, 28 Jan 2015 22:24:08 GMT

US consumers benefited from cheap oil

The unexpected fall in fuel costs is an advantage to households, while the impact on companies is not as obvious. Consumer confidence index advanced to its seven-years high in January due to a sharp fall in oil prices and improving labour market. However, durable goods orders unexpectedly plunged 3.4% in December.

Wed, 28 Jan 2015 22:02:05 GMT

Gold trades near 5-month high amid Fed interest rates

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