Swedish economic confidence declines in September

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Source: RTTNews
Swedish economic confidence tumbled more than estimated in September, National Institute of Economic Research said on Wednesday. The index dropped to 95.8, compared to 96.9 in August and below economists forecast of 96.5. Consumer sentiment slipped to 2, compared to 5.4 in the preceding month, while economists estimated a reading of 5.
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Wed, 26 Sep 2012 10:48:26 GMT

Japan's confidence is expected to weaken in September

Bloomberg News survey estimates that the Japanese business confidence will decline to minus 4 in a report on October 1 by the Bank of Japan. This pessimistic prediction is based on China's slowdown and European crisis, which pulled Japanese exports down, making the central bank to announce quantitative easing this month.

Wed, 26 Sep 2012 10:26:25 GMT

Biggest banks in Australia split in their prediction about RBA's rate in October

Four biggest Australian banks split in their predictions about whether the Reserve Bank of Australia will cut interest rates in October, which are the highest in major developed nations. Westpac Banking Corp. and Australia & New Zealand Banking Group expect that the rates will be cut by quarter, while Commonwealth Bank of Australia and National Australia Bank predict that they will remain at 3.5%

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