Wall Street turned red on Tuesday

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Source: Marketwatch
Wall Street turned red on Tuesday, as media reports cooled optimism that bold actions will be taken soon in order to boost Eurozone's economy. The Dow Jones Index erased 0.05 per cent to 13,067.18, the Standard & Poor 500 Index declined by 0.04 per cent to 1,384.92, but the Nasdaq Composite advanced 0.12% to 2,949.26.
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Tue, 31 Jul 2012 17:47:51 GMT

Gold futures advanced ahead of Fed

On Tuesday, July 31, gold futures edged higher on hopes for policy decisions in the U.S. and Europe.  Gold futures for August settlement jumped 0.1%, to $1,625.60 per ounce during today's New York trading session. At the same time, other precious metals also advanced. September silver rose 0.3 per cent, to $28.13 per ounce, copper with the September contract added 0.4%, to $3.43 per pound, and

Tue, 31 Jul 2012 17:25:51 GMT

Euro-area's jobless rate stuck at 11.2%

As reported by the EU's statistics office, the unemployment rate in the Euro-area's 17 countries held at the 11.2 per cent level in June, unchanged from May, the highest level since 1995. The report showed that 17.8 million people are jobless in the Euro-area, with unemployment rate at 24.8 per cent level in Spain, highest among other countries. Meanwhile, the number of unemployed people in

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