Euro falls before unemployment report; Fed meeting conclusion

Note: This section contains information in English only.
Source: WBPonline
© Scanpix\Reuters
The common currency fell moderately versus the U.S. Dollar before key data releases that may indicate that the Euro area's unemployment rate remains high, while investors expect the outcome of the Federal Reserve's policy meeting. The 17-nation currency added 0.03% to $1.3266 versus the greenback and jumped 0.11% to 129.86 against the Japanese Yen. 
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Wed, 31 Jul 2013 10:48:06 GMT

German jobless claims drop in July

German jobless claims declined for a second straight month in July, suggesting that nation's economy is recovering and the government most likely is gaining support ahead of the election in September. The number of unemployed people fell by 7,000 touching 2.93 million, according to Federal Labor Agency. It was previously predicted that German unemployment will stay flat.

Wed, 31 Jul 2013 09:22:05 GMT

German retail sales drop surprisingly

German retail sales fell surprisingly in June, underlining the worries that about Europe's recovery depended on consumer spending. It was expected that retail sales will rise 0.2%; however, they declined 1.5% from May, when sales climbed 0.7%, according to Federal Statistics Office. For comparison, they fall 2.8% compared to previous year.

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