India manufacturing output declines first time in two years

Note: This section contains information in English only.
Source: Bloomberg

In October the industrial production of India dropped the first time since 2009 depreciating bond yields and the rupee. Output at utilities, mines and factories decreased 5.1%. Economists surveyed by Bloomberg predicted only a 0.7% decline. Today's figures may force central bank to consider benchmark interest rate cut, said analysts.

Back to articles

Actual Topics

Mon, 12 Dec 2011 09:47:42 GMT

South Korea cuts its growth forecast

The government of South Korea cut unexpectedly the growth forecast citing the fall in exports. The Asia's fourth-largest economy is projected to grow by 3.8% this year and by 3.7% next year, according to the Ministry of Strategy and Finance. Analysts predicted the growth to expand by 4.5% for 2011 and 2012. Korea exports growth are likely to fall to 7.4% in the next

Mon, 12 Dec 2011 11:03:13 GMT

Euro forecasts weaken on Draghi's interest rate cuts

Foreign exchange analysts are lowering their forecasts for the 17-nation currency at the rapidest rate this year as ECB President Mario Draghi's borrowing rate reduction abandon one of the Euro pillars of maintenance. Investors are dumping assets denominated in euro, as EU officials fail to stop concern that Spain and Italy will capitulate to a debt crisis.  Ken Dickson, Standard Life Investments currency investment director expects additional ECB

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.