Canadian economy grew 0.2% in June

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Source: Forexpros

Canadian economy grew more than expected in July, Statistics Canada reported on Friday. Nation's GDP rose by 0.5 per cent in the second quarter, while on the monthly basis Canada's economy expanded by 0.2 per cent in June, after adding 0.1 per cent in the preceding month. Experts had predicted GDP to rise by 0.1 per cent.

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Fri, 31 Aug 2012 15:27:50 GMT

Gold jumped ahead of Bernanke's speech

Gold futures advanced on Friday, ahead of a highly anticipated Ben Bernanke's speech, that can signal new policy moves from the Fed. Gold with December contract rose by 0.4 per cent, to $1,664 per ounce. Other precious metals also edged higher on Friday, with copper, silver and palladium for December settlement jumping 0.4%, 0.9% and 1.1%, respectively.

Fri, 31 Aug 2012 15:38:27 GMT

Eurozone's unemployment rate remains at a record high in July

The unemployment rate in the Eurozone stays at a record high of 11.3 per cent in July (from a revised figure for June), Eurostat's data showed on Friday, August 31. Despite the fact that overall jobless rate remained unchanged, 88,000 more people were without a job in July, bringing the total to 18 million. In Spain, the jobless figure rose by another 0.2 per

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