Global consumer confidence grows in Q1

Note: This section contains information in English only.
Source: Reuters
Consumer confidence worldwide improved in the first three months of 2013 led by a notable increase in sentiment in the U.S., Japan and northern Europe, the latest data revealed by the insight company Nielsen showed on Wednesday. According to the data, the Nielsen Global Consumer Confidence Index grew 2% in the Q1 to 93 points with the sentiment rising in 60% of global markets.

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Wed, 01 May 2013 13:59:03 GMT

Euro rises to 2-month high on Wednesday

The 17-nation bloc currency appreciated to the highest level in 2 months versus the U.S. Dollar on Wednesday amid speculation that the U.S. policymakers will decide to add more stimulus measures weakening the U.S. currency. The Euro was traded 0.3% higher at $1.3213, the strongest level since February 25 breaking through a $1.3200 reported option barrier.

Wed, 01 May 2013 13:06:04 GMT

RBI likely to cut benchmark policy rate

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