U.S. consumer confidence grows more than forecast in November

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Source: RTT News
Consumer credit of the world's largest economy increased above economists expectation in November as non-revolving credit rose notably, the Federal Reserve reported on Tuesday. U.S. consumer credit went up by $16.1 billion in the month of November following an increase of $14.0 billion after revision the month before, when students and car loans surged $15.2 billion in November.
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Wed, 09 Jan 2013 15:41:20 GMT

Eurozone economy contracts in Q3

The Eurozone economy shrank in the third quarter of 2012 in line with economists' expectations, according to the official data by Eurostat on Wednesday. The Euro bloc's GDP contracted 0.1% in the July to September period, compared to a 0.2% decline in the second quarter. On annual basis GDP fell 0.6%. "The danger of the eurozone's split is over. But we

Wed, 09 Jan 2013 17:26:07 GMT

Thailand keeps the key interest rate unchanged

The Bank of Thailand kept the key interest rate unchanged at 2.75% benchmark, according to announcement in Bangkok on Wednesday. The key interest was left the same for the second straight meeting, as economy signals about improvements and better future outlook for exports and stronger domestic demand. The Thai baht, the Thailand's currency, was affected gently by the decision, as

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