Canada's GDP numbers miss expectations

Source: Investing.com
According to the latest news released on Tuesday, Canada's Gross Domestic Product dropped 0.2% month-on-month in March, following the 0.1% decline seen in February and falling behind the 0.0% market forecast. Meanwhile, on an annual basis, the country's GDP grew 1.1% in March, compared to the 1.5% reading seen last year and failing to meet analysts' expectations of a 1.4% growth pace.

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Tue, 31 May 2016 12:59:55 GMT

US personal spending grows 1.0% in April

US personal spending rose 1.0% in April, following March's 0.1% result and surpassing the 0.7% forecast. In the meantime, personal income remained unchanged at 0.4%, in line with economists' expectations, whereas the core PCE rose 0.2% in April, following the previous month's 0.1% and meeting analysts' forecasts.

Tue, 31 May 2016 12:44:35 GMT

German unemployment rate drops to 6%

Germany's unadjusted unemployment rate fell to 6% from April's 6.3% reading, the Federal Labour Office announced on Tuesday. Meanwhile, the Euro zone's jobless rate dropped to 10.2% from 11% year-over-year in April, while the unemployment rate in the European Union declined to 8.7% from 8.8% seen in March and 9.6% posted in April last year.

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