Consumer spending in U.S. increased as expected

Note: This section contains information in English only.
Source: Bloomberg
Consumer spending in the United States climbed in line with expectations in June as income level grew. Household spending, which accounts for more than two-thirds of the nations economy, increased 0.5% following a 0.2% gain a month before. According to a Bloomberg survey, economists expected a 0.5% advance. Personal income rose by 0.3%.
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Fri, 02 Aug 2013 14:46:05 GMT

U.K equities down after U.S. jobs report

U.K. stocks had first drop in five days after U.S. data showed that employers added fewer-than-expected jobs in the last month. The FTSE 100 lost 0.5% to 6,650.17 p.m. London time. The index still has a 1.5% weekly gain which started after a report suggested that the U.S. economy expanded more than forecast and the Fed announced it will maintain a loose policy.

Fri, 02 Aug 2013 13:25:07 GMT

Greenback drops after non-farm payroll data

The U.S. Dollar depreciated against the common currency after the non-farm payroll data release which showed additional 162,000 jobs in the last month, while 185,000 jobs were expected by investors. Since labour market is a major point of consideration for Fed's monetary policy, the data signals that QE may continue for a while. The greenback lost 0.40% to $1.3258 versus

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