OECD leading indicator rises more in March

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Source: RTT News

The composite leading index of the Organization for Economic Cooperation and Development area grew further in March suggesting that the growth is gaining momentum, a report released by the OECD showed on Wednesday. The composite leading index advanced by 0.1% on a monthly basis to 100.5 in March after it jumped by 0.12% in February and January.


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Wed, 15 May 2013 08:05:04 GMT

Australia's new motor vehicle sales fall 1.3% in April

Motor vehicle sales in Australia declined in April largely due to a notable 9.3% decrease in sales in Tasmania, a 7.7% fall recorded by Queensland and a 6.4% slip in Australian Capital Territory, the Australia Bureau of Statistics reported on Wednesday. The total number of new motor vehicle sales fell 1.6% on a monthly basis in April standing at 93,423.

Tue, 14 May 2013 14:24:03 GMT

Copper drops as China's growth was reduced

Copper traded in London dropped the most in almost two weeks on Tuesday on signs that economic performance of China, the world's largest user of the metal, is weakening as the outlook for growth was reduced by JPMorgan Chase & Co. August copper futures slipped by 2.3% to $7,241 a metric ton as of 11:32 a.m. on the London Metal

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