U.S. Leading indicator index fell 10 basis points

Note: This section contains information in English only.
Source: Bloomberg
Outlook of leading economical indicators for upcoming 6 months decreased by 0.1% in April after 0.3% gain in March. Employers created jobs in the slowest rate in six months and thus limited consumer spending which accounts for more than two thirds of whole U.S. economy. Increase in underemployment claims and decrease in building permits and consumer confidence had negative impact to the outlook.
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Fri, 18 May 2012 18:19:03 GMT

Spanish banks' bad loans amount to 18-year maximum

The Bank of Spain announced that bad loans in Spanish banks increased to 8.37 percent of their outstanding loans. Independent auditors will be assigned to assess the situation and calm down the investors. Bad loans are expected to rise and according to some analysts might reach 15 percent of all loans. Distressed banks and highly indebted economy are the two main problems which, investors believe,

Fri, 18 May 2012 19:13:39 GMT

Gold's Advance is Canceled Out as Euro Depreciates

Gold surged over 2 percent yesterday, but lost all its progress on Friday when euro area crisis worsened. Euro weakened again as Fitch downgraded Greek sovereign debt to CCC and Moody cut the rating of 16 Spanish banks. Gold slid down by USD 1.45 to USD 1,571. A weekly decline of 0.6 percent is expected later today. If so, it will be a third consecutive

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