Eurozone employment held steady in Q2

Note: This section contains information in English only.
Source: Eurostat

Eurostat reported on Friday that the level of employment remained unchanged in Eurozone in the second quarter of 2012, confounding expectations of a 0.2% decline. However, the employment level declined by 0.6%, compared to the second quarter of 2011. In Q1, employment declined by 0.3% from the preceding quarter.

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Fri, 14 Sep 2012 13:24:52 GMT

Euro sells above $1.31 for the first time since May

The Euro continued rally against weaker U.S. Dollar on Friday, after the Fed decided to create a new round of easing in order to support the U.S. economy. Extra stimulus cuts interest rates, which has a negative impact on the greenback. The Euro climbed to $1.3121, getting above $1.31 for the first time since May, and was at $1.3108.

Fri, 14 Sep 2012 15:03:52 GMT

Hong Kong stocks skyrocketed, miners led gains

Hong Kong stocks skyrocketed on Friday after the Fed decision to start the next round of QE. China's stocks also continued to drew strength from hopes that China's government in addition to recent increase in infrastructural subsidies will loosen its monetary policy. The Hang Seng Index surged 2.90% to end the week at 20,629.78. All sectors included in the index

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