U.S. Jobless claims drop unexpectedly to 5-year low

Note: This section contains information in English only.
Source: RTT News
© Scanpix/RS
Initial jobless claims for unemployment benefits in the U.S. edged down surprisingly in the week ended on May 4 falling to the lowest level in five years, a report released by the Labor Department showed on Thursday. According to the report jobless claims fell to 323,000 from 327,000 to 323,000 recorded last week, while economists expected an increase to 335,000.

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Thu, 09 May 2013 19:37:04 GMT

BoE keeps stimulus at GBP 375 billion and policy rate at 0.50%

The Bank of England's nine-member Monetary Policy Committee led by Governor Mervyn King maintained the quantitative easing program at GBP 375 billion despite unsuccessful attempts to increase stimulus. The panel also decided to keep the benchmark policy rate unchanged at 0.50%, the lowest level since the central bank was established in 1694.

Thu, 09 May 2013 18:31:04 GMT

Italian yields higher

On Thursday, Italian bond yields erased previous losses, which left the yield almost unchanged at the level of 3.84% by 8:44 a.m. in London. Earlier, yields hit the level of 3.81%. At the same time, yields on Spanish government debt witnessed an increase, following an auction with weak demand.

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