Markets subdued ahead of raft of US economic data Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 3:26 a.m., Wednesday, October 3, 2012 Ahead of those figures, investors will on Wednesday have the monthly private payrolls report from ADP to assess as well as a services sector survey from the Institute for Supply Management. Investors have also become cautious since Spain's Prime Minister Mariano Rajoy said this week that his government was not on the verge of asking for financial aid as it seeks to get a grip on tis public finances. Spain is under pressure to ask for financial assistance from the European Central Bank to keep a lid on its borrowing costs but the government has been reluctant to do so because it may come with conditions on its budget policies. Australia's S&P/ASX 200 gained 0.1 percent to 4,438.60, a day after the country's central bank cut its benchmark interest rate by a quarter percentage point in response to global economic uncertainties.

BING NEWS:
  • UN predicts world economic growth at subdued 2.8% in 2025
    The United Nations says the world economy resisted battering by conflicts and inflation last year and is expected to grow a subdued 2.8% in 2025 ...
    01/9/2025 - 7:28 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News