Mena News

 

  Japan’s retail sales decline
Mar , 28 , 2013  
  Retail sales in Japan fell 2.3% YoY to JPY10.53tr in February. The market had predicted a 1.8% MoM decline.
 

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  Australia’s private sector credit rises in February
Mar , 28 , 2013  
  Total private sector credit in Australia rose 0.2% MoM in February, remaining unchanged from the previous month but below the market forecast of 0.3% MoM.
 

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  Spain’s retail sales fall sharply; inflation eases
Mar , 28 , 2013  
  Retail sales in Spain declined 10.6% YoY in February vis-ŕ-vis the market expectation of 10.0% YoY. Meanwhile, consumer price inflation eased to 2.6% in March from 2.9% in February, below the market estimate of 2.7% YoY.
 

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  France’s economic contraction in line with expectations
Mar , 28 , 2013  
  France’s economy contracted 0.3% QoQ in 4Q 2012, in line with the initial estimate. This follows a 0.2% QoQ expansion in 3Q 2012.
 

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  Germany’s consumer sentiment expected to remain unchanged in April
Mar , 28 , 2013  
  Consumer sentiment in Germany is expected to be steady in April, with the Gfk consumer confidence index remaining unchanged from 5.9 in March.
 

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  UK’s GDP contraction confirmed at 0.3% QoQ
Mar , 28 , 2013  
  UK’s GDP contracted 0.3% QoQ in 4Q 2012, unrevised from the previous estimate and following a 0.9% QoQ decline in 3Q 2012.
 

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  Eurozone’s leading index rises in February
Mar , 28 , 2013  
  Eurozone's leading economic index edged up to 106.5 in February from 106.4 in January. However, the coincident economic index declined to 101.1 from 101.2 during the same period.
 

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  Eurozone’s economic confidence declines
Mar , 28 , 2013  
  Economic confidence in the Eurozone deteriorated in March, with the related sentiment index coming in at 90 vis-ŕ-vis 91.1 in February. The market forecasted a reading of 90.5.
 

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  US pending home sales decline from near three-year high
Mar , 28 , 2013  
  Pending home sales in the US decreased modestly in February, with the related index moving down 0.4% to 104.8, after surging 3.8% to 105.2 in January. The market predicted the index to decline 0.7%.
 

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  Gold ends lower on upbeat macroeconomic data
Mar , 27 , 2013  
  Gold futures declined on Tuesday with the release of upbeat home prices and durable goods order data from the US. Gold futures for delivery in April fell USD8.80, or 0.5%, to USD1,595.70 an ounce on the NYMEX.
 

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