Friday, March 13, 2015

News & Development

U.S. retail sales unexpectedly fell in February as harsh weather kept consumers from auto showrooms and shopping malls, tempering the outlook for first-quarter growth and a June interest rate increase by the Federal Reserve.
  Bank of England Governor Mark Carney signalled he was in no rush to raise interest rates, disappointing some expectations of a hike in early 2016.
The United Steelworkers union and oil companies have reached a tentative deal to end the largest U.S. refinery strike in 35 years after 40 days, sources familiar with the negotiations for a new labor accord said on Thursday.
 Aluminium stocks held at three major Japanese ports climbed for an eleventh month to hit a record high at the end of February due to robust imports. Aluminium stocks held at Yokohama, Nagoya and Osaka grew 0.8 percent in February from a month earlier to 453,400 tonnes, Marubeni Corp 8002.T said on Thursday. The trading house collects data from those key ports.

No comments:

Post a Comment