German Unemployment growth beats the expectations

Note: This section contains information in English only.
Source: Bloomberg
The German jobless claims increased approximately four times beating the economists' expectations in May as the Eurozone debt crisis and the cold climate have made an impact on the Germany's economy. The Europe's largest economy's unemployment level has risen for fourth month in a row; it was estimated to grow by 5,000, but it climbed by 21,000 reaching 2.96 million, while the adjusted jobless rate remained at 6.9%.
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Wed, 29 May 2013 10:28:04 GMT

European shares decline after Stoxx 600 extends 12 month gain

European shares slipped after the Stoxx Europe 600 Index jumped the most in a period of 30 days as the U.S. economy is expected to boost and that may slow down the stimulus. The Stoxx 600 fell 1% to 305.06 as of 9:57 a.m. London time; the index is still set for 2.8% gain in May. The Stoxx 600 index

Wed, 29 May 2013 09:01:09 GMT

Most Asian shares climb amid US economic data

Most Asian shares advanced for the second day after data indicated US consumer confidence gained the most since 2008 and home prices rose to the highest level in seven years. The MSCI Asia Pacific Index increased 0.1% to 137.240, with about five stocks climbing for every three that dropped. US consumer confidence reached a 5-year high yesterday, the index increased

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