US unemployment claims drop to 4-year low

Note: This section contains information in English only.
Source: Bloomberg
The number of applications for jobless benefits reached the lowest reading since 2006, Labor Department said on Thursday. The unemployment claims fell by 5000 to 348 000 last week. Economists earlier predicted jobless claims to stay at previous level at 353 000. Another report said the measure of leading indicators climbed in February, attaining 11 month record high.
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Fri, 23 Mar 2012 07:30:13 GMT

Gold futures declined in Asian session on stronger US Dollar

Gold prices decreased during the Asian session on Friday amid stronger US Dollar. The US Dollar index, which measures its performance against set of six main currencies, added 0.02% to USD79.97. COMEX gold April contract traded at 1643.25 US Dollars per troy ounce on the New York Mercantile Exchange, easing down by 0.05%.

Thu, 22 Mar 2012 19:44:07 GMT

Core retail sales of Canada tumbled by 0.5% last month

Canadian core retail sales that excludes automobile sales tumbled in January after gaining for seven consecutive months, reported Statistics Canada. The core retail sales decreased by 0.5% in January on a seasonally adjusted basis while experts predicted the sales to climb by 0.5%. The major contributors to the decline were garden equipment and building materials.

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