Fed reduces its bond purchases by $10 billion per month

Note: This section contains information in English only.
Source: RTT News
The U.S. Federal Reserve announced on yesterday's policy meeting that it tapers the monetary easing by $10 billion totaling $75 billion per month amid recent economic data showing an improvement in the nation's economy. The Fed may reduce its bond-purchases to $35 billion in the following month rather than $40 billion a month originally expected.

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Thu, 19 Dec 2013 13:12:23 GMT

U.K. retail sales rebound in November

Retail sales in the United Kingdom recovered in the month of November matching economists' expectations, a report revealed by the Office for National Statistics showed on Thursday. According to the report, the U.K.'s retail sales inclusive auto fuel gained 0.3% on a monthly basis in November following a 0.9% fall in the prior month, while sales volume excluding auto fuel

Thu, 19 Dec 2013 12:50:09 GMT

Japan's leading economic indicators on tap for Thursday

Leading indicators of economic activity in Japan are forecast to show that the overall business climate slightly worsen in October with leading and coincident indexes recording 109.9 and 109.6 respectively, a survey published by the country's central bank revealed on Thursday. Japan's industry index is set to slow by 0.3% and store sales are expected to drop 0.6% in October.

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