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Oil slips beneath $63
Fri, 12 Dec 2014 14:25:05 GMT
 
Brent crude oil dipped under $63 today, the lowest level since the summer of 2009. Among the quoted reasons are oversupply of the commodity and dim prospects for demand recovery >>
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China's industrial production disappoints
Fri, 12 Dec 2014 14:13:05 GMT
 
The pressure on the Chinese's central bank to intensify the monetary stimulus is rising, as the industrial output showed weaker growth than expected. While the economists expected a 7.6% expansion, >>
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Euro holds ground after TLTRO
Thu, 11 Dec 2014 12:47:04 GMT
 
Though at first the single European currency fell to 1.2414 amid the discouraging news on the German and particularly French inflation, it then pared most of the losses in view >>
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Australian unemployment rises to highest level since 2002
Thu, 11 Dec 2014 12:35:09 GMT
 
Despite the employment change surprising to the upside (42.7K against 15.2K expected), the unemployment rate in Australia reached its 12-year high. As a result, as of 12:22 GMT, the Australian >>
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Euro remains exposed to depreciation against US Dollar
Wed, 10 Dec 2014 10:30:56 GMT
 
The Euro negated today's early gains against the US Dollar after the currency started the day strong, reaching the level of $1.2400. This weakness is largely attributed to the uncertainty >>
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China's deflation anticipated room for further monetary easing
Wed, 10 Dec 2014 09:35:43 GMT
 
Economists expect China to adopt monetary easing policy in order to recover and gain its credibility once again, as the deflation deepened and the CPI's pace of growth reached the slowest level >>
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UK manufacturing production contracts
Tue, 09 Dec 2014 12:54:04 GMT
 
As it turned out, the economists underestimated the headwinds the manufacturing in the United Kingdom is currently facing. While the grow was expected to slow down to 0.2% from 0.6%, >>
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Australian business confidence drops amid the interest rates cut prediction
Tue, 09 Dec 2014 12:43:04 GMT
 
The Australian business sentiment fell to the lowest level since last Australian's election, as the economists expect to see the interest rates cut two times throughout 2015. According to the NAB survey, the >>
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China's exports and imports stayed below forecasts in November
Mon, 08 Dec 2014 10:36:05 GMT
 
China's trade surplus climbed to a record $54.47 billion in November against the expected $43.95 billion due to unexpected decline in imports on lower crude oil prices. However, the record level of >>
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Canada employment report shows positive number
Fri, 05 Dec 2014 14:48:04 GMT
 
The Canadian employment data are better than the forecast, as the unemployment rate dropped at 6.5%, the lowest level in 6 years. During the month of September the Canada gained >>
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UK Pound decreases against Greenback before non-farm payroll report
Fri, 05 Dec 2014 09:43:12 GMT
 
The UK currency shrank 0.12% against the US Dollar, reaching the level of $1.5653 at the moment of writing, while the non-farm payroll report of the world's largest economy will >>
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German factory orders exceeds the economists expectation
Fri, 05 Dec 2014 09:10:07 GMT
 
The German economic data showed a recovery from the low numbers of the second quarter, as the domestic investment demand changed positively.  As a consequence of emerging from a mid-year >>
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Euro zone's common currency falls against US Dollar
Fri, 28 Nov 2014 11:31:05 GMT
 
The Euro depreciated against the US Dollar amid the Euro area inflation coming in line with the expectations of a 0.3% increase in the price level. So fay today the >>
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Italian unemployment jumps to 13.2%
Fri, 28 Nov 2014 11:20:06 GMT
 
Italian unemployment rate grew a third month in a row, reaching a level of 13.2% for the month of October against a forecast of 12.6%. Meanwhile, Matteo Renzi, Italian Prime >>
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Euro continues to depreciate against US Dollar
Thu, 27 Nov 2014 11:57:03 GMT
 
Even though the German unemployment rate came below the forecast and economists expect the core inflation to stand at 0.7%, the Euro continues to move lower against the US Dollar. >>
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