Switzerland's economic sentiment improved for the fourth time in a row as a sign of better times for the economy, however the majority of economists see the economic situation will remain unchanged in the next six-month period. The ZEW-CS indicator rose by 8.6 points to minus 6.9 points in the first month of 2013, compared to a figure of minus
The number of British people applying for unemployment benefits surprisingly decreased in December to the lowest level since the middle of 2011, the Office of National Statistics reported on Wednesday. The U.K. jobless claims declined by 12,100 in the last month of 2012 to 1.557 million, the lowest figure since June 2011, while the wider ILO measure fell also by
Canadian retail sales advanced for the fifth consecutive month in November, led by record car purchases, adding to some signs of strength in the Canadian economy.
The Bank of Japan doubled its inflation target and made an open-ended commitment to buy assets from next year in order to end years of economic stagnation.
The British government borrowed slightly more than initially expected in December, adding to concerns that the country will not manage to meet its short-run deficit reduction goals, causing new challenges to the Chancellor of the Exchequer George Osborne.
Sales of existing homes in the world's largest economy dropped unexpectedly in December, as fewer people put their properties on the market, although not by enough to derail the boost housing will likely provide to the U.S. economy this year.
Confidence among German investors increased to the highest in 2 1/2 years in January, adding to signs that the Europe's largest economy may gather momentum.
German ZEW Economic Sentiment edged higher in January suggesting, according to experts, a brighter time for the German economy in the next six months and contributed to an optimism that the market outlook for 2013 will be bullish for the shared currency. The ZEW indicator of Economic Sentiment for Germany accelerated by 24.6 points to 31.5 points in January, its
The Japanese central bank adopted its biggest changes in order to boost the economy and to end a twenty-year period of stagnation, committing to a stimulus monetary policy, but disappointed investors as they will delay the program until 2014. The BoJ established a 2% inflation level to be achieved as soon as possible with a 13 trillion yen a month open-ended asses
The amount of cash Swiss commercial banks held with nation's central bank rose slightly in the week to January 18, a sign that investors are getting less anxious over Eurozone's financial woes.
The Bank of Japan will have to slow its stimulus measures in case the appreciation of goods and the nation's currency go too far, according to Koichi Hamada, who's advising Prime Minister Shinzo Abe.
London home prices advanced most since February 2010 in January, indicating some improvement in the property market, according to Rightmove Plc.
After being re-elected for the second term and being the first African-American president, Barack Obama took the oath of office on Monday.
Price pressure at factories in the Europe's largest economy was weaker than it was initially expected due to lower energy costs, Germany's federal statistics office said Monday.
Manufacturing sales in Canada jumped more than expected in November, adding to signs that the economy growing amid a string of disappointing data and weak global demand for the country's goods.
The output at Japanese manufacturers, mines and utilities fell less than expected in November, indicating some positive signs for the world's third largest economy.
Britain's retail sales dropped unexpectedly in December, as consumer uncertainty extended into the key Christmas trading season for British stores.
Led by gloomier views on current conditions, sentiment among the U.S. consumers deteriorated further in January, reaching the lowest level in over a year.
The Greek parliament voted on Friday to investigate former finance minister George Papaconstantinou for allegedly interfering with a tax evasion probe.
"Japan's economy can emerge from recession in the first quarter as consumer spending and exports are expected to pick up"- Yasuo Yamamoto, senior economist at Mizuho Research InstituteActivity at Japanese tertiary industry dropped unexpectedly in November, indicating weak domestic demand in the world's third largest economy. According to the Ministry of Economy, Trade and Industry, a gauge, which measures the
Producer and import prices in Switzerland advanced less than initially was expected in December, due to higher domestic costs.
The U.K. economy is likely to lose its place among the world's top 10 largest economies, report by PriceWaterhouseCoopers showed on Thursday.
New applications for the unemployment benefits in the world's biggest economy dropped significantly during the last week, pointing to further improvement in the labour market.
The International Monetary Fund approved another tranche to Greece, saying nation's bailout programme is moving in the right direction.