US GDP higher than estimated

Note: This section contains information in English only.
Source: Bloomberg
The gross domestic product in the US expanded by 4.0% in the second quarter. Increments in both business investment and consumer spending facilitated the increase which surpassed the 3% median forecast obtained in Bloomberg's survey of eighty economists, and also most of the other predictions which ranged from 1.9% to 5.2%. 
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Thu, 31 Jul 2014 05:42:14 GMT

Euro reaches eight-month low

Euro fell to an eight-month low on Wednesday and was trading at 1.3395 against the Dollar. The fall has come as a bit of a surprise with Spain's promising GDP growth numbers. However, with the US recovery going a lot better than the EU's it might just show the strength of the Greenback. Meanwhile, the European stocks also fell due to recent sanctions against Russia.

Thu, 31 Jul 2014 05:20:16 GMT

US ADP Non-Farm employment change

The change in employed people during the month of July increased by 218,000, revealing to be less than expected. It had been forecast that the number of employed people would rise by 230,000. Although this indicator is not considered to be a very consistent guide for the official report, due to be released on Friday, it gives some indications on

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