Mena News

 

  Japan’s industrial output declines
Mar , 31 , 2013  
  Industrial output fell 0.1% MoM on a seasonally adjusted basis in February, while the market expected a rise of 2.5% MoM.
 

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  Improvement in Japanese manufacturing sector
Mar , 31 , 2013  
  Japan’s manufacturing sector improved for the first time in 10 months with the Purchasing Managers Index advancing to 50.4 in March from 48.5 in February.
 

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  Spain requests for relaxation in deficit target
Mar , 31 , 2013  
  Spain requested the European Union (EU) to relax its deficit target to 6% of GDP for 2013 from the previous target of 4.5%.
 

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  Italy’s business sentiment improves in March
Mar , 31 , 2013  
  Business confidence improved with the related index rising to 88.9 in March from 88.6 in February, while the market forecasted a reading of 88.
 

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  German unemployment rises in March
Mar , 31 , 2013  
  Unemployment increased 13,000 in March vis-à-vis the previous month; the jobless rate stood at 6.9%, while the market expected a decline of 2,000.
 

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  House prices increase in England/Wales
Mar , 31 , 2013  
  House prices rose 0.2% MoM in England and Wales. On an annual basis, prices increased 1.0% YoY to GBP162,606 .
 

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  M3 supply growth lower in the Eurozone
Mar , 31 , 2013  
  Eurozone's broad money aggregate (M3 money supply) grew 3.1% YoY in February, slower than the 3.5% YoY rise recorded in the previous month.
 

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  US GDP growth for 4Q12 revised upward
Mar , 31 , 2013  
  US GDP growth for 4Q12 was revised upward to 0.4% QoQ, from 0.1% QoQ earlier, vis-à-vis the estimate of 0.6% QoQ.
 

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  Jobless claims rise in the US
Mar , 31 , 2013  
  US jobless claims increased to 357,000 from the previous week's revised figure of 341,000; the market estimated a rise to 340,000 from 336,00 (originally reported).
 

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  Gold ends higher on resurfacing concerns over Eurozone crisis
Mar , 28 , 2013  
  Gold futures gained on concerns over Italy’s political deadlock and Cyprus’ financial situation. Gold futures for delivery in June rose USD9.90, or 0.6%, to USD1,607.20 an ounce on the NYMEX.
 

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