IMF to raise U.S. GDP outlook

Note: This section contains information in English only.
Source: The Sydney Morning Herald
The International Monetary Fund will increase its forecasts concerning growth in the U.S. economy, while the Congress reached a budget deal and the Fed started its bond purchasing program, pointing on the recovery. As expected, the jobless rate will continue to decline, as consumer confidence will advance. Currently, the IMF predicts the U.S. economy to add 1.6% this year and 2.6% in 2014.
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Mon, 23 Dec 2013 11:08:03 GMT

Asia's stocks rise as Wall Street closes higher on Friday

Asian shares recorded a modest increase on Monday trading session spurred by record highs of U.S. stock indexes despite a report showing that government debt in the world's second-largest economy rose and as emerging-market currencies fell. The MSCI broadest Asia-Pacific gauge outside Japan gained 0.4%, while the South Korean Kospi added 0.6%.

Mon, 23 Dec 2013 10:30:11 GMT

Finnish producer prices decline in November

Producer price index in Finland continued to decrease in November of this year, as prices fell for a fourth month in a row. The pace of decline in November, however, remained on October's level at 0.9% on the annual basis. At the same time, it is worth pointing out that the PPI for products sold inside the country stayed flat

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