German unemployment beats expectations

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Unemployment rate in Germany unexpectedly decreased in June, showing signs of recovery in Europe's biggest economy. The number of unemployed people decreased 12,000 and now stands at 12.94 million, while economists expected an increase of 8,000. Jobless rate in Germany is 6.8%. Ifo institute's gauge of business confidence and ZEW's investor expectation index showed an increase.


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Thu, 27 Jun 2013 11:03:14 GMT

Gold bounces off from lowest in almost three years

Gold and silver gained for the first day out of last four, rising from the lowest level in 34 months, as investors speculated on the Fed's stimulus plans. The yellow metal for immediate delivery jumped 1.5% to $1,244.85 an ounce and traded at $1,241.85 as of 1:59 p.m. Singapore time, after touching $1,222 on Wednesday. Silver rose 1.8% to $18.8435

Thu, 27 Jun 2013 09:57:25 GMT

U.K. stocks advance before U.S. data release

The U.K. stocks climbed for a third day before the U.S. economic data announcement, which is expected to show increases in personal spending and pending home sales. The FTSE 100 Index rose 0.3% to 6,185.35 poising for 1.2% weekly increase, the first in around a month. The gauge is heading for a 6% drop this month. The FTSE All-Share Index

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