The number of employed persons in the United States climbed in November of the current year, as the economy has registered 203,000 new jobs, while economists expected the indicator to add 180,000 after a 200,000 rise in October. At the same time, the jobless rate in the country declined significantly, reaching 7.0% in November versus 7.3% a month earlier, as
The number of people having a work in Canada advanced 21,600 in November of 2013, while experts forecasted the employment to see a 12,000 increase. At the same time, the unemployment level in the country remained unchanged at 6.9%, being that the average monthly employment rise falling this year from the previous one. The employment level in November stood at
The total number of new factory orders in Germany plummeted in October of this year more than economists initially expected, as they fell 2.2% on a monthly basis against a 1% decline, predicted by analysts. In September the indicator posted a revised 3.1% jump. At the same time, on the annual basis the total number of new orders in the
Consumer spending in the United States jumped in October of this year, while salaries and wages still do not rise on the same pace. The indicator added 0.3% on a monthly basis after a 0.2% rise in September, while salaries advanced only 0.1%. Consumer spending accounts for more than 70% of the country's economy and its increase may lead to
The Canadian currency declined after Canada and the U.S unemployment data were better than previously forecasted by economists. Canada's Dollar slipped 0.2% to C$1.0680 per U.S. Dollar as of 8:47 a.m. Toronto time, the Loonie reached C$1.0707 after Bank of Canada's rate announcement few days earlier. The Canadian Dollar has fallen 0.6% this week.
The U.S. Dollar advanced after the U.S. jobs data indicated that nation's economy created more job places than previously expected and the unemployment rate declined to the lowest level in five years. The U.S. currency gained 0.9% to 102.70 Yen as of 8:44 a.m. New York time, while the Bloomberg U.S. Dollar Index, climbed 0.4% to 1,021.55 today.
Emerging-market shares advanced, snapping their decline for three straight days, as ICICI Bank Ltd. rose on speculation that India's government will be taken over by the opposition party. The MSCI Emerging Markets Index climbed 0.3% to 998.45, after paring gains on better than expected U.S. economic data, while India's S&P BSE Sensex advanced to the highest level in a month
The Japanese Yen depreciated for the first day out of the last four versus the greenback after Japan's GPIF was called to start cutting the national debt holdings by the head of advisory panel. The Yen dropped 0.3% to 102.14 per Dollar as of 7:16 a.m. New York time, after it added 1.1% in the last three days, while the
U.S. stock-index futures gained, pointing that equities will snap a five day streak of declines, as the U.S. payroll data are awaited by investors. Standard & Poor's 500 Index futures expiring this month added 0.5% to 1,792.5 as of 7:14 a.m. New York time, while Dow Jones Industrial Average contracts rose 0.4% to 15,883. The S&P has fallen 1.2% this
The European benchmark Brent crude advanced on Friday after the International Energy Agency's report showed that the world's largest consumer of the commodity, U.S., may add around 21% of this year's global demand. Brent for settlement in January gained 45 cents traded at $111.43 per barrel on the London's ICE Futures Exchange.
West Texas Intermediate crude swung between gains and losses on Friday after recording the largest rally in more than three months amid speculation that the job growth showed by today's labour market report in the U.S. may not be enough for Fed to curb its stimulus. WTI for delivery in January traded at $97.24 a barrel on the NYMEX as
European shares advanced on Friday snapping their five-day series of losses before a government report showed that employers in the U.S. added jobs last month raising optimism that the Federal Reserve may curb its stimulus measures on the next policy meeting. The benchmark Stoxx Europe 600 Index gained 0.3% to 315.36 as of 10:29 a.m. London time.
German government bunds swung between gains and losses on Friday and were set to record a weekly drop as the prices gained to the highest level since August before a report showed that payrolls in the U.S. advanced last month. The benchmark 10-year bund yields traded at 1.85% by 8:37 a.m. in London following an increase to 1.88%, the most
U.S. Treasuries were little changed on Friday and are set to record the largest weekly drop in one month as the volatility increased to the strongest level since October before a report showed that U.S. payrolls advanced last month. The benchmark 10-year yields fluctuated at 2.86% as of 8:54 a.m. London time and the prices have added 11 basis points
The British Sterling slightly strengthened on Friday snapping a three-day decline against the euro-area currency after the U.K. reality market report showed that house prices in the country advanced for tenth successive month in November. The Pound added 0.1% to 83.57 pence a Euro as of 8:46 a.m. London time and it has dropped 0.7% this week.
Trade balance gap in France narrowed as the balance shortfall shrank in October mainly due to drop in imports, a report published by the country's customs office revealed on Friday. According to the report, France's trade deficit fell to 4.69 billion euros in October compared to a 5.5 billion shortfall preliminary expected and after the balance came in deficit of
A leading economic indicator in the Asia's second largest economy measuring aggregate activity advanced more than preliminary estimated in the month of October, a report published by the Cabinet Office revealed on Friday. Japan's business conditions leading index gained from September's 109.2 to 109.9 in the following month, while it was forecast to record 109.7.
Wholesale sales in New Zealand recovered in the three-month period until September after recording a drop in the previous quarter, the latest data revealed by the Statistics New Zealand showed on Friday. New Zealand's wholesale sales rose 1.5% on a sequential basis in Q3 following a 1.3% drop in the June quarter, while in the Q1 the sales advanced 0.5%.
Consumer confidence in Switzerland advanced in November rising for the first time in a two-year period, while it was forecast to decline on the month, a report published by the Federal Statistical Office unveiled on Friday. According to the report, the Swiss consumer confidence index gained 0.1% on an annual basis in November after losing 0.3% in October.
The European Central Bank President Mari Draghi claimed that the bank is ready to support the economic growth and implement measures in order to maintain a momentum, however, he was not sure what tools to use when. The ECB maintained the benchmark interest rates unchanged on yesterday's policy meeting at a historic low of 0.25%.
The number of jobs created in the world's largest economy is likely to expand in November, however, it may be not enough for the U.S. Federal Reserve to trim its stimulus measures in order to spur the economic growth. The U.S. jobless rate is set to drop from 7.3 in October to 7.2 in the following month, while non-farm payrolls
Asian equities stayed flat on Friday before a government report showed results from the U.S. labour market suggesting whether the Federal Reserve keeps its aggressive monetary easing totaling $85 billion a month on the next policy meeting in two weeks. The MCSI broadest Asia-Pacific gauge outside Japan fluctuated, while Shanghai index slipped 0.5%.
The total number of new orders to American manufacturers decreased 0.9% in October of the current year, as the weak demand for capital goods, transportation goods and aircraft turned the indicator into the red zone. Economists, however, predicted them to fall 1% in. In September orders, in turn, added 1.8%. It is said that new orders for transportation goods dropped
The consumer price index in Russia surged in November of this year more than economists forecasted, as the indicator exceeds the government's target of 5-6% already for 15 months in a row. The inflation level in the country reached 6.5% in November versus 6.3% a month earlier. Moreover, the government officials said that the inflation will not succeed in falling