US consumer credit grows at a slow pace

Source: The Wall Street Journal
US consumer credit rose slower than expected in April. According to a Federal Reserve report, consumer borrowing increased by $6.51billion to $2.551 trillion in March, thus expanding at a 3.1% annual rate. Concerns over deepening Eurozone's debt crisis and slow job creation in the US put under question consumer's willingness to spend. 
Back to articles

Actual Topics

Fri, 08 Jun 2012 07:39:28 GMT

Oil approaches longest weekly loss in 13 years

The price of crude oil declined for a second straight day sending the value closer to longest weekly loss since 1999. The drop was boosted by speculations that slowdown in world's biggest economies US and China may hurt demand for fuel. July Brent oil fell 1.5% or USD 1.49 to USD 98.44 per barrel. July crude lost USD 2.23 to

Fri, 08 Jun 2012 08:21:28 GMT

Yen climbs against the Euro ahead of German exports data

Japanese Yen strengthened versus the 17-nation currency on Friday as investors predicted the German exports slumped in April amid worries European debt turmoil is curbing Eurozone's economy. The Yen appreciated 0.7% versus Euro to JPY 99.33 during Asian trading hours. Currently EUR/JPY is trading at JPY 99.15.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.