US spending and personal income advanced in January

Note: This section contains information in English only.
Source: Marketwatch
US spending added 0.2% in January after remaining flat in December while personal income climbed 0.3% compared to 0.5% in last month of 2011, said Commerce Department on Thursday. Economists questioned by Marketwatch predicted both indicators to advance 0.4%. Spending on durable goods surged 0.9% while that on non durable items soared 0.4%. Spending on services stayed flat. 
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Fri, 02 Mar 2012 07:48:06 GMT

European markets climb higher on Thursday

European shares ended Thursday session on positive note as banks kept collecting gains from ECB second loan program implemented on Wednesday. However improvement was limited as data showed US manufacturing expanded slower than expected. Stoxx Europe 600 index and FTSE 100 index each added 1%, while German DAX and French CAC 40 index each surged 1.3%. 

Fri, 02 Mar 2012 07:14:43 GMT

US unemployment claims unchanged last week

The number of submitted jobless benefit applications decreased by 2000 in previous week to 351 000, reported Labor Department on Thursday. Economists questioned by Marketwatch predicted the number of unemployment claims to reach 350 000. The four week mean figure of applications declined by 5500 to 354 000 maintaining the lowest reading in four years. 

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