China inflation slows down

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP

In October CPI increased by 5.5% falling behind September rate of 6.1%. The inflation decelerated reaching 3 years low, providing government more space to support economy growth as manufacturing slows down. Economists surveyed by Bloomberg expect PM Wen Jiabao to ease monetary or fiscal policy in the same time avoiding cutting key lending rates as inflation remains above yearly objective of 4%.

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Wed, 09 Nov 2011 09:24:14 GMT

Job vacancies in US increased in September

In September the rate of open vacancies has increased significantly attaining three years high demonstrating some firms are preparing for economy recovery. According to Labor Department statistics, new vacancies advanced by 225,000 reaching 3.35 million while hiring increased by 185,000 making up 4.25 million. Nevertheless, according to Fed chairman Ben S. Bernake, hiring still grows at insufficient pace to decrease unemployment.  

Thu, 10 Nov 2011 13:17:52 GMT

British Pound to reach a monthly record high against Euro

The Pound is about to reach one-month record high against Eurozone currency. The appreciation of Pound takes place ahead of Berlusconi's budget vote and suggest British assets to be safe investment. On Nov 1 EUR/GBP reached 0.8548, the highest since Oct 4. Today the Sterling traded 0.8574 pounds per euro at 9.06 a.m London trading session.

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