Unemployment in euro-zone remains unchanged in June

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Jobless rate in euro-zone remained the same in June as the economy is starting to recover due to expanding manufacturing and increasing business confidence. The unemployment rate stood at 12.1%, matching the highest point in history. The inflation was reported to be at 1.6%. Economists expect the joblessness to increase to 12.4% in Q4 and drop to an average of 12.3% next year.
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Wed, 31 Jul 2013 12:09:53 GMT

WTI heads towards best month since August ahead of U.S. oil report

West Texas Intermediate headed towards its best month since last August ahead of the report that is expected to indicate that crude stockpiles declined in the U.S. The September WTI contract inched up to $103.73 per barrel. Brent for September delivery decreased to $106.25 per barrel. U.S. fuel stockpiles jumped by 1.8 million barrels previous week.

Wed, 31 Jul 2013 12:21:08 GMT

German bunds drop before ECB's decision

Yield on 10-year German government bonds jumped to the highest level in 3 weeks as investors speculated that the ECB will not announce additional stimulus in a meeting tomorrow. The yield rose 2 basis points to 1.69% after touching the level of 1.71% earlier today. Bunds slid after better-than-expected unemployment data, increasing appetite for riskier assets.

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