Showing posts with the label RTTNews Forex Update.
Economic News December 18, 2013. RBA Open Minded About Lowering Interest Rates, Says Stevens The Reserve Bank of Australia has an open mind on lowering the key interest rate further, Governor Glenn Stevens said Wednesday. (Dec 18, 2013) Full Article Sweden's Economic Sentiment Strongest Since 2011 Sweden's economic confidence reached the strongest level since 2011 in November, survey results from the National Institute of Economic Research showed Wednesday. (Dec 18, 2013) Full Article U.K. Retail Sales Rise Sharply In December: CBI U.K. retail sales recovered strongly in December driven by the rebound in grocers, department stores and clothing shops, the latest Distributive Trades Survey from the Confederation of British Industry showed Wednesday. (Dec 18, 2013) Full Article Swiss ZEW Investor Confidence At 3&1/2-year High Swiss economic expectations improved to their best level in three-and-a-half years in December, survey data released by the Mannh
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Economic News November 22, 2013. RBNZ's McDermott: Kiwi "Overvalued" From Long-Term Perspective The New Zealand dollar is "overvalued" from a long-term perspective and the high exchange rate is contributing to economic imbalances, Reserve Bank of New Zealand Assistant Governor John McDermott said Friday. (Nov 22, 2013) Full Article BoJ's Kuroda: Yen Weakness Not Excessive Bank of Japan Governor Haruhiko Kuroda said Friday that he does not see the current weakness in yen as excessive. He also noted that the central bank is closely monitoring the evolution of asset prices in the country. (Nov 22, 2013) Full Article German Q3 GDP Growth Slows As Estimated German economic growth moderated in the third quarter as estimated in the preliminary report, final data from the Federal Statistical Office revealed Friday. (Nov 22, 2013) Full Article ECB Must Act For Euro Area As A Whole: Draghi The European Central Bank must act for the euro area a