Construction hiring advances in US

Note: This section contains information in English only.
Source: Bloomberg
The number of jobs in US construction sector climbed in December, driven by hiring in remodelling. The employment in remodelling sector accelerated 5.8% in December reaching 250,700 jobs compared on yearly basis. This monthly grow is the fastest since December 2006. Analysts expect further hiring expansion in construction.
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Wed, 22 Feb 2012 07:30:10 GMT

Greece prepares for riots against austerity measures

Greece is expected to face mass protests against the budget cuts after the country has received 130 billion Euros worth bailout package. At the moment, the government is passing emergency legislation required by the lenders. The country already experienced confrontations after austerity program of earlier bailout and the riots are likely to repeat again on Wednesday as people want to

Wed, 22 Feb 2012 08:29:38 GMT

Canadian Dollar weakens on retail sales data

Loonie depreciated against its US counterpart on data showing the retail sales declined in December and investors were concerned if second rescue package would solve Greece's long term problems. Canadian Dollar slipped 0.3% against the Greenback to CAD 0.9969. Currently USD/CAD is trading at CAD 0.9962.

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