The U.S. unemployment claims fell to 340,000 in the week ending March 2

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Source: Business time
The amount of applications for government help contracted to seasonally adjusted 340,000 in the week ending March 2, this is by 7,000 less compared to a previous week. A less variable measure, moving average for four weeks, slid to 348,750, the lowest level since March 2008. According to economists' forecasts, unemployment rate is expected to decrease to 7.7% from revised 7.9%, as there should be 152,000 more jobs created.
"The improvement is still gradual, but at least things are moving in the right direction," said  Paul Ashworth, an economist at Capital Economics.
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Fri, 08 Mar 2013 07:15:05 GMT

Natural gas futures gain 3.7% on Thursday

The rally of natural gas futures continued on Thursday, adding to an advance recorded earlier, as the Energy Information Administration released a report showing an unexpected drop of U.S. inventories. Natural gas futures for April delivery increased 3.7%, or 13 cents, to $3.60 per million British thermal units and were traded at $3.54 before the data were released.

Fri, 08 Mar 2013 06:32:06 GMT

German shares up on hopes for euro economy to recover

German equities extended their gains for a third straight day, as Mario Draghi, the president of ECB, said the euro economy will inch by inch recover throughout this year and policy makers decreased inflation estimates. The DAX index rose 0.2%, or 11.96 points, to 7,931.28 by 5:12 p.m. in Frankfurt. Six out of nine groups in the index edged higher.

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