Italian jobless claims reach 4-year low

Source: WBP Online
An official data release on Friday showed the lowest unemployment rate in Italy since 2012, falling as low as 11.4% in March, in recovery from the 11.6% mark that it reached in February. The level is still significantly higher than the pre-crisis rate, however, it shows improvement when compared with the staggering 13.3% a year ago.
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Mon, 02 May 2016 08:51:05 GMT

Asian stocks slip as Yen gains strength

Asian markets closed low on Monday with Japanese stocks leading the way, as the Yen gained strength following lack of monetary policy expansion by the BoJ. While Labour Day kept the Chinese and Hong Kong markets closed, the Nikkei index finished with a 3.1% slip at 16,147.38 points and the Topix was down 3.0% to show 1,299.96 points at a

Fri, 29 Apr 2016 09:37:06 GMT

Yuan loses value in spite of high daily fixing

Despite the 11 year highest daily exchange rate fix by the PBoC, the Chinese Yuan fell 0.06% onshore to trade at 6.4795 against the US Dollar after opening, staying in the bounds of the daily guidance restriction of 2%. The 0.6% increase in the daily fixing did not, however, hinder the Hong-Kong traded equivalent to meet the 6.4837 Yuan mark, which

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