The number of financial advisers in the U.S. fell for a third year in a row

Source: CNBC
The number of financial advisers in the world's biggest economy fell for a third year in a row, with expectations of a further decline.  Unstable stock markets and low yields, cutting the earnings, pushed more brokers to resign.  The number of financial advisers tumbled by 2.3 per cent, or 7,000, to 316,000 in 2011. Moreover, this number is expected to decline by 19,000 people till 2017, or 1.2 per cent per year.
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Wed, 08 Aug 2012 06:46:12 GMT

Japan current account expands to Y433.3B in June

Japan posted Y433.3 billion current account surplus in June, down 19.6% on year and declining for the 16th straight month, the Ministry of Finance reported on Wednesday. The trade balance showed a surplus of Y112.0 billion, with a 13.7% year-on-year drop. Imports cooled an annual 1.2% to Y5.310 trillion. Exports fell 1.5% on year to Y5.422 trillion.

Wed, 08 Aug 2012 13:55:12 GMT

Greenback turned lower on Eurozone's hopes

On Tuesday, August 7, the greenback remained lower versus the Euro and other major currencies amid hopes that the ECB will soon make decisive actions to stem the debt crisis in the Eurozone. In order to lower Italian and Spanish borrowing costs, the ECB may soon resume bond-buying program.  The shared currency strengthened against the greenback during today's New York trading session, with EUR/USD adding 

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