U.K. car registrations increase on rising confidence

Note: This section contains information in English only.
Source: RTT News
New passenger car registrations in the United Kingdom advanced in February rising for the 24th successive month mainly due to continued improvement in confidence of consumers, a report released by the Society of Motor Manufacturers and Traders unveiled on Thursday. According to the private report, the U.K. car registration added 3% on an annual basis in February totaling 68,736 units.

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Thu, 06 Mar 2014 16:27:17 GMT

Pound weakens versus Euro as Draghi forecasts faster growth

The British Sterling declined on Thursday trading session falling against the euro-area currency after the European Central Bank President Mario Draghi revealed that the bank maintains refinancing rates unchanged and raised growth forecast for this year. The Pound fell 0.7% to 82.73 pence a Euro as of 3:26 p.m. in London.

Thu, 06 Mar 2014 16:23:49 GMT

German factory orders recover faster than forecast in January

New orders in the German manufacturing sector recovered in the month of January rising by more than economists initially expected, a report released by the Federal Ministry of Economics showed on Thursday. The country's new factory orders advanced by 1.2% on a sequential basis in January after falling by 0.2% in the month before.

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