Euro bloc economic confidence falls

Note: This section contains information in English only.
Source: Bloomberg
Eurozone economic confidence declined more than expected, falling to the lowest level in almost 3 years in July, indicating economic recession extended into the Q3 as policy makers have been struggling to combat the debt crisis. Executive and consumer sentiment index dropped from 89.9 to 87.9 in June, the lowest level since September 2009.
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Tue, 31 Jul 2012 08:13:50 GMT

Aussie gains on building data

The Aussie touched a four-month high after a report revealed the number of nation's building permits tumbled 2.5% in June, less than economists estimated. The Australian Dollar rose 0.1% to $1.0517, after touching the highest since March 27. Australia's 10-year bond yields dropped to 3.11%.

Tue, 31 Jul 2012 06:47:50 GMT

Japan's jobless rate fell to 4.3%

Japan's unemployment rate unexpectedly fell by 0.1% to 4.3% in June, beating economists' expectations, who estimated the rate to remain unchanged at 4.4%. This is an optimistic sign for the Japanese economy, which is struggling with the Yen's strengthening 6 % against the US Dollar since March and curbing export demand due to the Eurozone debt crisis.  

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