Jobless claims in Spain show positive tendency

Note: This section contains information in English only.
Source: Bloomberg
Spain's labour market starts to exhibit recovery, as the growth in the number of unemployed is decelerating. The amount of claims for jobless benefits rose by 77,980 in January, compared to a mean of 144,000 calculated over the last seven years. However, there are still around 4.5 million people out of work, and the jobless rate is at 24%. Higher percentage is observed only in Greece.
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Tue, 03 Feb 2015 20:54:04 GMT

US factories prepare for stagnation as economy slows

The US manufacturing index decreased to a new yearly minimum of 53.5 from the 55.1 level posted in December. Consumer spending also dropped in the same month after posting strong gains during the previous months. Despite that export and production slowed in January, the comments from producers concerning the demand remain positive amid the 50% plunge in oil prices. 

Tue, 03 Feb 2015 20:32:07 GMT

European stocks see improvement in Greek debt issue

European shares experienced a relief, as the new Greek government refused to push with the debt haircut further. This is expected to introduce more stability into the Euro zone. Another positive factor for the equity is be appreciation of oil, the price of which has gained 15% over the past four days.

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