Number of jobless claims in the U.S. remained unchanged last week

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Source: Bloomberg
Jobless claims in the U.S. didn't live up to the expectations that the reading will decrease by 5K and remained unchanged instead, at 370K level, in the week from 6th to 12th of May. Amount of people on rolling unemployment claims increased by around 18K while the number of people on prolonged payments decreased by around 45K. 31 out of 52 states or territory's reported increase in claims when 21 reported a decrease. 
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Thu, 17 May 2012 14:19:30 GMT

Third Quantitative Easing is Possible

The Fed considers the possibility of another monetary easing in the U.S., in case legislators fail to agree on the budget or Europe debt situation deteriorates. Ben S. Bernanke stressed that fiscal policies expiration at the end of 2012 may knock the economy back into recession. Although U.S. economy lately shows strong fundamentals, downside risks are potentially large and might cause the loss of the

Thu, 17 May 2012 13:57:30 GMT

Euro Surpasses a 4-Month Low, but Still Vulnerable

The common currency has lost 3.9 percent in May, almost reaching its record low of $1.2624 that it hit in mid-January. Today the euro gained 0.1 percent against the U.S. dollar and was traded at $1.2718. This positive movement is overshadowed by the news on ECB temporarily stopping loans to some Greek banks.

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