British manufacturing activity rose at a slower pace than expected in December, clouding optimism about the nation's economic outlook.
The number of jobless claims in the world's largest economy fell last week to the lowest level in a month, as a typical year-end volatility waned.
Manufacturing activity in the Eurozone rose at its fastest pace in two and a half years in December; nevertheless, analysts are concerned that the data indicate a worrying divergence between core European economies.
Australia's credit growth was moderate in November, as consumers and businesses are still cautious to take on more debt.
The Bank of England's targeted unemployment rate at 7% might be reached in 2014, the Chartered Institute of Personnel and Development said.
U.S. consumer confidence rose more than expected in December amid better outlook for job gains and overall growth, reinforcing the view that the nation's economy is set to accelerate in 2014.
Starting from January 1, 2014 Latvia becomes the 18th member of the Eurozone, the second former Soviet state to join the currency bloc, after Estonia.
Canadian consumers have become more confident than a year ago, buoyed by optimism that jobs are more secure and real estate prices will increase.
"Even if we take a somewhat rosy view of how the economy will develop over the next few years the number of households severely exposed to debt looks as though it will double" - Matthew Whittaker, the senior economist at the Resolution Foundation John Cridland, director general of the CBI, the U.K.'s main business lobby group, believes that too many Britons
According to the Centre for Economics and Business Research, the U.S. economy will remain the world's largest until 2028, as China's rise to the world's number one economy will be much slower than initially expected, largely due to relative slowdown of China's economy and strong economic performance of the U.S. China's gross domestic product will increase to $35,513 billion in
French President Francois Hollande's controversial "millionaire's tax" has finally received an approval from the country's highest court, saying that the proposal by the Socialist President was in line with the law.
It seems that USD/JPY has found a strong support around 104.60 as the pair refuses to go lower; however, the fact that the pair has soared from 86.66 during the year, supports the case Abenomics helped to push the Yen lower, hence, contributing to the export-oriented economy.
Everyone know that the U.K. economy, retailers in particular, receive a major boost from sales during the Black Friday.
While analysts are trying to assess a potential effect of the stimulus programme on the world's largest economy and some sceptics expressing their concerns over whether QE was need or not at all, stock markets are displaying very bright images for the United States.
It was a relatively good year for Europe, as it has emerged from its longest-ever recession in the second quarter, while separate countries are recovering as well.
According to Dukascopy Currency Index the New Zealand Dollar advanced 4.70% versus the basket of other major currencies during the last 130 days.
Despite low trading volumes the USD/JPY currency pair is climbing higher, as the Yen hit a five-year low at 104.83 versus the buck on Thursday, heating up speculations the pair can rally further next year.
The U.K. will leapfrog Germany to become the largest economy in Europe by 2030, the recent survey from the Centre for Economics and Business Research showed Thursday.
On December 18 Ben Bernanke has announced the tapering of the Federal Reserve's stimulus programme by $10 billion per month starting January.
The Eurozone economy is strengthening and fears of another recession have eased after the latest positive data. Moreover, the strength of the single currency is reflecting optimistic changes in investors' attitude towards the 17-nation bloc.
April is likely to become a determinative month for the Yen, as this year Kuroda announced his unprecedented stimulus programme in April, while in 2014 he can inject more liquidity into financial system in the same month.
The number of mortgages approved rocketed more than initially was expected in November. The average house has added more than 12,000 pounds of its value during the year.
A 0.5% increase in household spending helped the world's largest economy to expand at a solid pace at the end of 2013.
Germany, Europe's largest economy, has been a locomotive for the whole 17-nation bloc during the last years.