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Eurozone's leading indicator rises in August for third time in row
Thu, 26 Sep 2013 15:51:41 GMT
 
Performance leading indicator of the 17-nation bloc economy advanced for the third consecutive month in August suggesting that the economic situation in the area is improving, a data released by >>
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U.S. pending sales of existing homes declined 1.6% in August
Thu, 26 Sep 2013 15:00:04 GMT
 
Less contracts for previously owned houses were signed in August, adding to the case of slowing housing market momentum due to increasing mortgage rates. The pending home sales index dropped >>
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Fed is about to lose face if tapers in October
Thu, 26 Sep 2013 14:38:04 GMT
 
The Federal Reserve is considered to lose face, if decides to taper in October after its unexpected decision in mid-September, yet experts consider stimulus cut plausible. Alongside investors' ambiguity around the Fed >>
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US equities trade higher after jobs and GDP data
Thu, 26 Sep 2013 14:27:05 GMT
 
Wall street is expected to open a bit higher as jobless claims fell unexpectedly, however, uncertainty poured onto trader sentiment as discussion about U.S. debt ceiling became hot topic. The >>
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Majority of Americans are against unconditional debt limit increase
Thu, 26 Sep 2013 13:59:03 GMT
 
The U.S. nation considers it reasonable to request spending cuts in exchange for the debt ceiling rise, though the default risk is at stake. Yet the U.S. President Barack Obama >>
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U.S. unemployment claims fall surprisingly
Thu, 26 Sep 2013 13:19:03 GMT
 
The number of people that are jobless in U.S. unexpectedly fell previous week, indicating on nation's economic recovery. Unemployment claims reached 305,000 in the past week, according to the Labor >>
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China shares fall to lowest level in three weeks
Thu, 26 Sep 2013 11:57:04 GMT
 
Chinese shares declined to the lowest level in approximately 20 days as companies related to the free-trade zone in Shanghai dropped on worries that gains were excessive. The Shanghai Composite >>
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U.K. economy expands
Thu, 26 Sep 2013 10:07:03 GMT
 
U.K. economy expanded in the second quarter of the year, as the consumer spending rose after the first quarter that topped estimates. Country's GDP grew 0.7%, making the expectations, while >>
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Spain may introduce changes in labor laws to fight unemployment
Thu, 26 Sep 2013 09:38:05 GMT
 
Spain's Prime Minister Mariano Rajoy may take the OECD advice and carry out more intense adjustments in the labor code to overhaul current jobless rate of 26%. Country's economy is >>
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Euro will be good for business, Berzins says
Thu, 26 Sep 2013 09:27:04 GMT
 
Latvia will become the 18th member of the Eurozone next year and the President of Latvia Andris Berzins says that it is a practical decision and the country will benefit >>
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European shares little changed ahead of U.S. data
Thu, 26 Sep 2013 08:41:03 GMT
 
European shares were little changed before the U.S. unemployment data that are expected to show a rise. The Stoxx Europe 600 Index grew 0.2% to 313.57 as of 8:05 a.m. >>
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Aussie drops against greenback ahead of U.S. budget decision
Thu, 26 Sep 2013 08:30:07 GMT
 
The Australia's currency fell versus the U.S. Dollar and majority of its counterparts as debates around the U.S. government shutdown put pressure on the Aussie. The U.S. nation is about >>
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Asian shares advance
Thu, 26 Sep 2013 08:04:05 GMT
 
Asian shares rose, impacted by Japanese stocks, on speculation that Japan's government will discuss a corporate tax cut and support riskier assets for public pension funds. The MSCI Asia Pacific >>
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Sterling is little changed near eight-month high
Thu, 26 Sep 2013 07:52:04 GMT
 
The British currency was little changed, approximately 0.5% from its eight-month high against the greenback, ahead of U.K. economy data that are expected to show growth. The Sterling was at >>
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South Korea's consumer confidence falls in September
Thu, 26 Sep 2013 07:34:03 GMT
 
Composite Consumer Sentiment Index in South Korea went down in the month of September, a report released by the Bank of Korea showed on Thursday. The index recorded 102.0 in >>
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