Unemployment in Eurozone holds at record high

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/RS
Emerged economic expansion in the Eurozone is considered to be weak to influence labor market conditions and decrease jobless rate of 12.1%. The unemployment is anticipated to jump to 12.3% in Q4 2013 and remain exceeding 11% throughout 2015, while the GDP in the Euro bloc advanced 0.3% in Q2 and is expected to rise 1% in 2014 prior 0.4% contraction in 2013.
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Mon, 30 Sep 2013 12:02:08 GMT

Yuan gains versus U.S. Dollar amid stronger fixing

The Chinese Yuan advanced on Monday completing its fifth successive quarter of gains due to stronger fixing set by the People's Bank of China at 6.1480 in the Q3, suggesting that China's economy is recovering from the previous slowdown. The Yuan jumped by 0.25% this quarter to a level of 6.1220 per U.S. Dollar in Shanghai following a 1.2% increase

Mon, 30 Sep 2013 11:40:08 GMT

Pound rises as U.K. economy gains momentum

The British Pound increased for the fourth straight day against the shared currency after a report showed that house prices advanced by the most in a six-year period in September suggesting that the U.K. economy is improving. The Sterling added 0.2% to 83.62 per Euro by 9:33 a.m. in London after it strengthened to 83.40 pence, the highest since January

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