U.S. manufacturing activity drops in December

Note: This section contains information in English only.
Source: RTT News
Manufacturing activity in the U.S. declined in the last month of 2013 after rising at the fastest rate in two years on a sequential basis in November, a report revealed by the Institute for Supply Management showed on Thursday. The country's ISM purchasing managers' index slipped from November's 57.3 to a level of 57 in December.

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Fri, 03 Jan 2014 10:35:05 GMT

Aussie rises recording largest weekly gain in 2 months

The Australian Dollar, the worst-performing most-traded currency in 2013 together with Yen, increased on Friday and was set to record its largest weekly gain in a two-month period amid speculation that the recent decline was too rapid. The so-called Aussie jumped 0.6% to 89.68 U.S. cents and it has gained 1.1% this week, the most since October 18.

Fri, 03 Jan 2014 10:13:09 GMT

U.S. construction spending advances in November

Private construction spending in the world's largest economy advanced notably in November offsetting a decline in public construction with both indicators matching economists' forecast, the Commerce Department showed in a report yesterday. The U.S. construction spending gained 1% totaling $934.4 billion in the month of November from October's $925.1 billion.

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