German factory orders grew less than expected

Source: Bloomberg
Germany's growth may be slower in the second half of the year than the economists predict, as the factory orders rose less than the forecast of a 2.2% gain - there was only a 0.8% increase in September. Meanwhile, the European Commission has recently cut the growth forecasts for the Euro zone, and German economic challenges only intensify because of the worsening relations with Russia, an important trade partner of the bloc's flagship.
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Thu, 06 Nov 2014 13:25:01 GMT

Euro rises against 13 major counterparts

The Euro strengthened versus 13 major currencies, as the European Central Bank is believed to wait for the impact of the previous stimulus before turning to a new one. The Euro is currently reflecting the ECB's intention to stay put. The common currency appreciated 0.1% against the US Dollar, reaching the level of $1.2497.

Thu, 06 Nov 2014 11:41:13 GMT

Australian labour market improves

The number of payrolls rose more than forecast in Australia last month, growing by 24,100 against 20,000 expected. The nation's unemployment rate was reported to stay unchanged at 6.2% versus revised 6.2%. The release also showed the number of full time jobs increasing by 33,400, while the amount of part time jobs slid 9,400.

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