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Fri, 19 Apr 2013 08:58:04 GMT

U.K. retail sales slipped on bad weather

Sales in Britain's retailers fell more than preliminary was estimated in March, as cold weather during the month depressed purchases of clothing and household goods.

Fri, 19 Apr 2013 08:47:04 GMT

U.S. jobless claims little changed

The number of Americans seeking unemployment was little changed last week, easing fears of a marked deterioration in the labour market conditions after a surprise stumble in job growth last month.

Fri, 19 Apr 2013 08:36:04 GMT

German parliament backed Cyprus bailout

The Bundestag lower house voted overwhelmingly on Thursday to grant Cyprus a 10 billion euro bailout, in order to avert bankruptcy for the tiny Mediterranean island nation and keep it in the Eurozone. 

Thu, 18 Apr 2013 07:29:03 GMT

Swiss economic expectations soared to 35-month high

Economic expectations in Switzerland soared to the three-year high in April, rebounding from previous month slowdown and continuing its race to catch up, which had started in October 2012.

Thu, 18 Apr 2013 07:13:03 GMT

Japan trade deficit narrows

Japan posted the ninth consecutive monthly trade deficit of 362.4 billion yen ($3.69 billion) in March, as weak Yen pushed up import prices, whereas declines in the nation's currency made exported products more competitive in foreign markets.

Thu, 18 Apr 2013 07:02:02 GMT

U.K. unemployment reached 7.9%

Britain's unemployment rate edged higher in the three months to February, while the number of people asking for jobless benefits unexpectedly dropped in March, sending mixed signals about nation's labour market.

Thu, 18 Apr 2013 06:51:02 GMT

U.S. unemployment to fall to 7.0% by end of 2013

The unemployment rate in the world's largest economy is expected to fall to 7.0% level by the end of this year, James Bullard, president of the Federal Reserve Bank of St. Louis said Wednesday.

Thu, 18 Apr 2013 06:35:03 GMT

Eurozone to recover gradually in the second half

The European Central Bank now expects the 17-nation economy to recover gradually in the second half of this year, however, risks are high and the outlook can be revised, Mario Draghi said. 

Wed, 17 Apr 2013 09:17:05 GMT

Japan consumer confidence improved in March

Japan's consumer confidence rose for a third consecutive month in March to the highest level in almost six years, according to data released by the Economic and Social Research Institute Wednesday. 

Wed, 17 Apr 2013 09:07:02 GMT

Swiss producer prices flat in March

Producer and imports prices in Switzerland remained flat in March from a month earlier, and fell slightly on a yearly basis, reflecting manufacturers' concerns about future economic performance of the country.

Wed, 17 Apr 2013 08:56:02 GMT

UK inflation held steady in March

Britain's consumer prices held steady last month, extending its run above the Bank of England's target of 2% and maintaining a squeeze on consumers.

Wed, 17 Apr 2013 08:45:04 GMT

U.S. industrial and inflation data favour Fed QE

Consumer inflation pressures eased in March, while industrial output in the U.S. fell, suggesting the Fed should continue its stimulus programme in order to boost growth in the world's largest economy.

Wed, 17 Apr 2013 08:34:02 GMT

German ZEW economic indicator weakened

Confidence among German investors plunged more than initially was estimated in April, amid fears about the finances of Slovenia, Portugal and Italy. 

Tue, 16 Apr 2013 09:46:03 GMT

Switzerland to reject tax data exchange with EU

Switzerland is expected to reject the EU scheme for mandatory data exchange on bank accounts, said Ueli Maurer, the country's President.

Tue, 16 Apr 2013 09:35:03 GMT

Japan's industrial output up for 3 months in a row

Japan's industrial production improved for a third consecutive month, suggesting a weaker Yen and gains in share prices helped improve firms' production activity.

Tue, 16 Apr 2013 09:24:02 GMT

U.K. home sellers increased asking prices

Britain's home sellers increased asking prices for a fourth month in a row in April, amid a shortage of properties for sale, according to Rightmove Plc.

Tue, 16 Apr 2013 09:13:03 GMT

U.S. homebuilder confidence unexpectedly fell

Homebuilder confidence in the U.S. unexpectedly fell for a third consecutive month in April, subdued by increasing costs for materials and financing restrictions.

Tue, 16 Apr 2013 09:02:05 GMT

Eurozone logged trade surplus in February

The 17-nation economy posted a trade surplus in February, however, the positive balance was helped by lower demand for imports rather than export growth, the European Union statistics office Eurostat said Monday. 

Mon, 15 Apr 2013 10:07:04 GMT

Australian jobless rate hits 3-year high

Australia's unemployment rate jumped in March to the highest level in more than three years and is expected to increase further, adding to bets the nation's central bank will cut its key interest rate.

Mon, 15 Apr 2013 09:56:02 GMT

Japan's tertiary sector expanded

Activity within the Japanese tertiary sector rose more than expected in the second month of 2013, indicating that consumers are getting less anxious over the world's third largest economy's outlook, as the government pledged to boost growth and latest measures by the BOJ boosted consumer confidence.

Mon, 15 Apr 2013 09:45:08 GMT

U.K. leading index, house prices suggests modest recovery

Britain's leading indicator improved for the second straight month in February, pointing at the modest recovery and suggesting the U.K. will avoid from falling into a triple-dip recession.

Mon, 15 Apr 2013 09:34:06 GMT

U.S. retail sales, consumer sentiment dropped

Confidence among Americans tumbled to a nine-month low, while retail sales dropped by the most in nine months, adding to concerns that the world's largest economy is not on the path of recovery yet and the Fed will have to stimulate the economy for a longer time.

Mon, 15 Apr 2013 09:23:03 GMT

Eurozone industrial output 0.4% up

The industrial output in the 17-nation economy rose more strongly than expected in February, boosted by a marked gain in energy production, suggesting that the currency bloc is recovering gradually from the severe debt crisis. 

Fri, 12 Apr 2013 09:29:03 GMT

Australian jobless rate hits high

The overall jobless rate in Australia soared to its highest level in more than three years last month, tempering views that the economy strengthened in the beginning of the year, spurred by near record-low interest rates.

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