Tuesday, April 10, 2012


  • Madrid’s 10-year bond yields rose above 6% for first time since December, raising fears that it could be forced to seek emergency loans.

  • The Japanese central bank decided on Tuesday to keep its key interest rate unchanged and refrain from fresh monetary easing steps, dashing market hopes.

  • U.S. Industrial Production Index for Manufacturing rose 0.4% MoM, and 5.4% YoY.

  • The Russian Central Bank on Monday announced a decision to leave its key interest rate unchanged at 8%.

  • U.S. consumer credit increased at an annual rate of 4.2% in February, a positive sign of consumers' growing confidence in the economy.

  • China's economic growth is set to moderate slightly over the next two years but will exceed 8%, on the back of strong investment, rising private consumption and a more stable global economy, the Asian Development Bank said Wednesday.

  • The Philippine government says its largest warship is engaged in a standoff with Chinese surveillance vessels that blocked it when it attempted to arrest Chinese fishermen anchored at a South China Sea shoal where both sides claim sovereignty.

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