U.S. unemployment rate fell in August

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Source: BBC
U.S. unemployment rate fell to 8.1 per cent in August, down from 8.3 per cent in the preceding month, the Labor Department figures showed today. In the meanwhile, U.S. employers added only 96,000 jobs last month following a revised 141,000 rise in July that was smaller than initially predicted. Moreover, hourly earnings were unchanged.
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Fri, 07 Sep 2012 16:10:47 GMT

Bulding permits in Canada increased less than expected

On Friday, Statistics Canada reported that the amount of building permits in August grew to -2.3% on a seasonally adjusted basis from the figure of -2.5% in July. The growth is more modest than expected, since economists expected that the amount of building permits in Canada would increase to -2.0% last month.

Fri, 07 Sep 2012 15:38:34 GMT

German stocks rise after positive German industrial production data

German shares extended pervious gains on Friday ahead of the key economic data releases from the US. Rally of Asian equities and recent ECB decision also boosted German stocks. Adding to the positive mood of German equities, national industrial production advanced more-than-expected last month.  German DAX Index gained 0.87% to trade at 7,231.10. All but one sectors included in the

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