U.S. retail sales set for fifth jump in a row

Note: This section contains information in English only.
Source: WBPonline
The U.S. retail sales are anticipated to advance in August for the fifth time amid increasing demand for cars and a moderate fall in gas prices. Based on economists' expectations, American shopping appetite inched up 0.5% last month. The U.S. gasoline prices plummeted 1% per gallon and the average gas price was at $3.57 per gallon in August.
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Fri, 13 Sep 2013 13:16:03 GMT

Political situation in Italy still causes mistrust

Olli Rehn, the economics chief of the EU said on Friday that Italian economy still faces a lot of economical risks, as the economy continues to decline. Manufacturing in the country lost 1.1% this July on the annual basis, while the GDP slump eased to 0.2% in Q2. Analysts point out that political instability may push 10-year bonds' yields even

Fri, 13 Sep 2013 12:35:06 GMT

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