Payroll surge may not reduce unemployment

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP
Economists questioned by Bloomberg predict that hiring in US probably did not manage to decrease the overall unemployment level as employers still are concerned US economy may slow down. Economists' median estimate for payroll increase is about 125 000 workers while the jobless rate is expected remain unchanged at 9%. Labor Department will present actual data at 8:30 am Washington time.
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Fri, 02 Dec 2011 07:57:40 GMT

Swedish debt is safer than German bonds

Sweden has the lowest sovereign bond yields ever when compared with Germany as investors are considering biggest Scandinavian country as safe haven for their assets. Almost 20 years after tackling its own banking crisis, Sweden is leading with the best performing bond-market in the world. Sweden enjoys budget surplus this year and borrowing costs for Swedish 10-year notes are 40

Fri, 02 Dec 2011 07:45:30 GMT

Oil futures are steady during Asian trade

Benchmark New York crude-oil futures remained steady during the Asian trade on Friday after jumping by 1.6% on Wednesday. Crude oil for January delivery was traded at $100.19 a barrel in New York Mercantile Exchange electronic trading as compared to $100.20 during the late US session on Thursday.

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