U.S. jobless claims surprisingly decline

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Source: Bloomberg
Number of jobless claims in the U.S. unexpectedly declined during the week ended November 23, as it reached 316,000 against 326,000 a week earlier. At the same time, economists expected the number of applications for benefits to rise to 330,000. Analysts say that the stable recovery in the U.S. economy and upcoming Christmas holidays enable the companies not to decrease workforce.
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Wed, 27 Nov 2013 15:25:03 GMT

U.S. Durable Goods Orders miss target

This Wednesday, 1:30 pm GMT, the U.S. Census Bureau released the latest indicator on the monthly change in the number of durable goods ordered, excluding transportation. The number for October came out at -0.1%, and is disappointing compared to both, September's increase of 0.2% and investor expectations of a growth of 0.5%. The market reaction was barely non-existent, with the

Wed, 27 Nov 2013 10:44:08 GMT

Swiss consumption falls as retail sector drops in October

Consumption indicator in Switzerland dropped in October caused by lower assessment of retail sector business confidence, the latest report published by the UBS bank revealed on Wednesday. According to the report, the headline indicator declined from 1.56 points recorded in September to a level of 1.28 in the following month, while the retail sector business conditions index slipped from 6

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