Yuan gains versus U.S. Dollar amid stronger fixing

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/RS
The Chinese Yuan advanced on Monday completing its fifth successive quarter of gains due to stronger fixing set by the People's Bank of China at 6.1480 in the Q3, suggesting that China's economy is recovering from the previous slowdown. The Yuan jumped by 0.25% this quarter to a level of 6.1220 per U.S. Dollar in Shanghai following a 1.2% increase in the quarter before.

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Mon, 30 Sep 2013 12:13:05 GMT

Eurozone's inflation rises less than expected in September

Inflation in the 17-nation bloc increased by less than initially forecast in the month of September, when the rate rose 1.1% after it gained 1.3% in August, the slowest advance since February 2006, the statistical office Eurostat reported on Monday. According to the report, the inflation was projected to rise 1.2%, while core inflation excluding energy, food, alcohol and tobacco

Mon, 30 Sep 2013 11:51:05 GMT

Unemployment in Eurozone holds at record high

Emerged economic expansion in the Eurozone is considered to be weak to influence labor market conditions and decrease jobless rate of 12.1%. The unemployment is anticipated to jump to 12.3% in Q4 2013 and remain exceeding 11% throughout 2015, while the GDP in the Euro bloc advanced 0.3% in Q2 and is expected to rise 1% in 2014 prior 0.4%

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