Euro Area economic confidence weakened in March

Note: This section contains information in English only.
Source: Bloomberg
Economic confidence in common currency area unexpectedly dropped in March indicating economy is likely to struggle to get back on the track in the 1st quarter. Index measuring consumer and executive sentiment edged down from a reviewed 94.5 in February to 94.4 in March. Economists questioned by Bloomberg expected the measure to improve from initial reading of 94.4 to 94.5.
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Fri, 30 Mar 2012 07:06:42 GMT

Japan's jobless rate declined to 4.5% in February

The unemployment rate in Japan tumbled to 4.5% on a seasonally adjusted basis in February as compared to a 4.6% in January reading. Experts predicted the jobless rate to stay unchanged last month. After the data release, the Japanese Yen appreciated against its US counterpart and the pair USD/JPY traded at 82.06, falling by 0.49%.

Mon, 02 Apr 2012 09:10:13 GMT

Bernanke: Fed to 'remain cautious'

Ben Bernanke, chairman of Fed, hinted that the central bank of the US is likely to continue its economy-stimulating measures, citing overall weakness of the US job market despite increased hiring in the last three months. He also claimed that Fed has to 'remain cautious', which was interpreted by many analysts as a sign of maintaining record low interest rates

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