U.K. jobless rate remains at 7.8%

Source: Bloomberg
© Scanpix/Reuters
Britain's jobless rate stayed at 7.8% in the second quarter of the year on speculation that the labor market is growing and the nation's economy is recovering. The BoE's Governor Carney stated that unemployment is very important point of U.K.'s monetary policy, while Britain's Prime Minister Cameron depends that benchmark rate will stay at current level to boost private job creation.
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Wed, 14 Aug 2013 10:35:06 GMT

Swiss currency falls ahead of Europe GDP report

The Swiss currency depreciated to the lowest level in four weeks versus the common currency ahead of Europe's GDP report that is expected to show growth. The Swiss Franc slipped 0.3% to 1.24153 per Euro at 9:20 a.m. in London after falling to 1.24285, the lowest in a month, while the currency weakened 0.3% to 93.55 centimes per U.S. Dollar.

Wed, 14 Aug 2013 09:23:07 GMT

Euro strengthens for a third straight day

The 17-nation currency advanced for a fifth straight day versus the Japanese Yen ahead of the Eurozone's GDP data that are expected to show that the region is no longer in recession. The Euro rises 0.1% to 130.42 Yen as of 8:01 a.m. in London after reaching 130.66, the highest level since August 6, while it traded at $1.3259 per

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