U.K. unemployment to fall faster than expected

Note: This section contains information in English only.
Source: Reuters
© Scanpix/AP
According to the official announcement of the Bank of England that was made after October 23 meeting, the unemployment level in the United Kingdom is declining on a faster pace than expected previously. The jobless rate dropped to 7.7% in August of 2013. Some time ago this year, BoE economists predicted the jobless rate to fall to 7% by 2016, but it will most likely happen a bit earlier.
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Wed, 23 Oct 2013 10:06:11 GMT

Swedish banks increase capital ratios as profits surge

The largest Swedish banks, which include Svenska Handelsbanken AB, Swedbank AB and Nordea Bank AB showed an increase in capital ratios, confirming their status as the most capitalized European banks. Such results were reached due to higher profits that banks have reported for the third quarter. Moreover, it is said that Swedish banks have already exceeded even 2015 capital ratio

Wed, 23 Oct 2013 09:44:05 GMT

German bonds rise before consumer confidence data

German government bunds increased on Wednesday with the 10-year yields reaching the lowest level in two weeks before a report showed that consumer confidence in the 17-nation bloc improved in the month of October. The benchmark 10-year yields traded at 1.79% by 7:16 a.m. in London following a fall to 1.78 earlier on the session, the least since October 9.

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