European Manufacturing to Continue Expansion in November

European Manufacturing to Continue Expansion in November The European continent will release important manufacturing data today, where the final readings for the month of November in euro zone and UK are due at 09:00 GMT and 09:30 respectively. In the euro zone, last week the advanced reading revealed that manufacturing sector in the 16 nations using the European common currency resumed

The Australian economy expanded in the third quarter of 2010

The Australian economy expanded in the third quarter of 2010 The Australian economy expanded in the third quarter of 2010 less than the market's expectations, as the nation's exports (one of the main pillars for economic growth) retreated, affected by the strength currency.  The Australian economy released today data of both the quarterly GDP and annual GDP during the third quarter, where

Belgian Bond Yields and CDS Rise on Fiscal Tensions in the Region

Belgian Bond Yields and CDS Rise on Fiscal Tensions in the RegionDebt woes contagion is spreading across the euro region to hit non-peripheral economy which is Belgium as the spread between holding Belgian 10-year bonds compared with German bunds spiked to 139 basis points while the cost of insuring against default know as Credit Default Swaps (CDS)climbed to record. The political

Indonesia's trade balance

Indonesia's trade balanceIndonesia released today its trade balance reading for the month of November, which showed a rise in the surplus to 2072 million dollars, lower than the expected 2376 million dollars and the previous 2545 million which was revised to 2528 million dollars. Meanwhile exports rose by 16.1%, higher than the expected 8.0%, while the previous reading was revised to 23.8%