Australia's Reserve Bank left the interest rate unchanged at 2.5%

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Source: WBP Online
© Scanpix/AFP
The central bank of Australia took a decision on Tuesday to maintain its low benchmark interest rate measure, keeping it at fifty-year low of 2.5%, as economy expansion in previous year was slightly below trend and the unemployment rate increased, Australia's Reserve Bank governor Glen Stevens said. Meanwhile the positive signs of this policy might be revealed in September‘s retail sales growth of 0.8%, data showed on Monday.
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Tue, 05 Nov 2013 10:07:03 GMT

Spain's unemployment rate jumped in October

The number of jobless registered in October advanced by 87,000, following the 25,600 increase a month earlier, Spanish Employment Ministry data revealed on Tuesday. That makes 4,811,383 unemployed in total, which is the biggest number of jobless since May. The Spanish unemployment rate reached 26.6% in September, remaining the second- highest among Eurozone, last week data showed.

Tue, 05 Nov 2013 09:34:04 GMT

Gold climbs before U.S. reports economic growth and unemployment

Gold advanced, thus halting its five day loosing streak, before the U.S. reports economic growth and unemployment, which might lead to the Federal Reserve cutting stimulus. Bullion gained 0.3% to $1,318.54 an ounce, while silver added 0.4% and platinum 0.3%. It is expected that gold is going to have first annual fall in 13 years. The gold gains are dependent

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