US industrial production steady in February

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Source: Forexpros
The industrial production in the US stayed unchanged in February, reported the Federal Reserve. The industrial production was at the same level as last month compared to a 0.4% expansion in January. Experts predicted the industrial output to advance by 0.4% in February.

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Mon, 19 Mar 2012 07:57:56 GMT

New Zealand's consumer sentiment stayed low in March

New Zealand's consumer confidence index increased to 102.4 in quarter ended in March, indicating a marginal increase of 1.1 point on a monthly basis. The consumer sentiment raised only slightly after sharp fall in December, according to Dominick Stephens, Westpac Chief Economist. The major contributors to the increase were recovering property market and more optimistic global news while weak job

Mon, 19 Mar 2012 09:23:12 GMT

European shares close mostly higher on Friday

European stocks edged slightly higher on Friday supported by financials and resource sectors while weighed down by auto makers. FTSE 100 added 0.4%, German DAX climbed 0.2% and French CAC 40 index gained 0.4%. Last week marked the biggest rally since the beginning of February with Stoxx 600 Europe adding 2.6% on weekly basis. 

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