U.S. payrolls grow slower than predicted

Source: Bloomberg
American employers added much fewer jobs than it was forecasted by analysts, as companies are still waiting for a moment of rising demand in the country. The ADP Research Institute reported showed that U.S. companies added 139,000 jobs in February, up from revised 127,000 a month ago. But still, economists expected the U.S. economy to show a 155,000 increase in employment.
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Thu, 06 Mar 2014 06:03:11 GMT

Aussie advances to one-week high as retail extends

The Australian Dollar advanced to the strongest level in more than one week as today's data indicated the January trade surplus extended to the most in two and a half years and retail sales grew faster than economists originally projected. Australia's currency added 0.4% to 90.22 U.S. cents at 2:06 p.m. in Sydney after it was little changed at 90.33,

Wed, 05 Mar 2014 14:11:47 GMT

Italian service sector started to improve

Service sector in Italy expanded in February of this year for the first time since November, rising at the largest pace in three years. The benchmark PMI Index, which shows the activity in this sector of country's economy, jumped to 52.9 points, up from 49.4 points in January. At the same time, analysts predicted the indicator at 49.9 points, while

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