U.K. manufacturing PMI stayed below 50 points in March

Note: This section contains information in English only.
Source: RTT News
Manufacturing sector activity in the U.K. continued to shrink in March, but the pace of contraction was lower than the month before, a survey revealed by the Markit Economics and CPIS showed on Tuesday. The report said the manufacturing sector purchasing managers' index advanced from its 4-month low at 47.9 recorded in February to 48.3 in March, the reading stayed below 50 points indicating contraction.

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Wed, 03 Apr 2013 10:54:06 GMT

Gold hits three-week low as US economy improves

Precious metals retreated on Tuesday as broadly stronger US Dollar amid dismal Eurozone's data releases pushed the commodity group lower. Moreover, easing worries over Cyprus bailout dampened safe haven appeal of precious metals. Gold approached a three-week low amid signs of improvement in the US economy. Strength in the US Dollar and soft investment demand also weighed on the yellow metal. Silver

Tue, 02 Apr 2013 12:38:07 GMT

Italy's jobless rate drops modestly in February

Unemployment in Italy decreased modestly in the month of February with the jobless rate falling on a sequential basis by 0.1% from 11.7% in January to 11.6% the month before, a report released by the statistical office Istat showed on Tuesday. The jobless rate among people between the age of 15 and 24 was 37.8% in February compared to 38.6%

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