Borrowing costs for Spain fall on ECB

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

On Thursday, Spain witnessed a decrease in its borrowing costs, while it was selling its medium-term debt as traders eyed ECB's policy meeting. Spain's Treasury sold 2-year bonds for EUR608 million, having the average yield equal to 2.798%, which is a significant decrease from the last month's figure of 4.774%. The average yield for 3-year government bonds was 3.676%, compared 5.086% in the previous month.

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Thu, 06 Sep 2012 11:43:32 GMT

Australian employment rises unexpectedly

Australian Bureau of Statistics reported on Thursday that the Australian unemployment rate in August decreased to 5.1% on a seasonally adjusted basis, compared to the July's figure of 5.2%. The data defied the expectations, since analysts expected that the unemployment rate in Australia would grow to 5.3% in August.

Thu, 06 Sep 2012 11:21:37 GMT

Eurozone's final GDP declined by 0.2% in Q2

Eurostat reported on Thursday that the gross domestic product of Eurozone fell by 0.2% in the second quarter. The data is in compliance with expectations and did not change from the first estimate. Year on year, GDP in Eurozone shrank 0.5%, which is worse than an expected 0.4% decline. Following the release of the data, the Euro gained 0.1% versus the Greenback to trade at 1.2612.

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