U.S. homebuilder confidence slips unexpectedly in October

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Source: RTT News
Homebuilder confidence in the world's largest economy surprisingly declined in October, a report released by the National Association of Home Builders revealed on Wednesday. According to the report, the NAHB/Wells Fargo Market Index slipped from a level of 57 points recorded in September to 55 in October, while it was originally forecast to stand at 58.

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Thu, 17 Oct 2013 06:42:04 GMT

Stocks from Japan to Australia rally on U.S. deal

Asian and Pacific stocks rallied on Thursday after a debt limit deadlock ended yesterday when the U.S. President Barack Obama and House Republicans agreed on a new federal debt ceiling avoiding the country's default. The MSCI Asia-Pacific Index outside Japan advanced to the highest level in a five-month period and was traded 0.4% up, while Japan's Nikkei added 1.2% to

Wed, 16 Oct 2013 15:37:19 GMT

U.K. unemployment claims falls

U.K. unemployment claims dropped the most in approximately 16 years in September, while the jobless rate remained at 7.7% for a third consecutive month on signs that the labor market is gaining momentum. Jobless claims declined 41,700, the most since year 1997, topping the economists' predictions of 25,000, according to the Office for National Statistics.

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