US jobless claims jump most since January 16

Note: This section contains information in English only.
Source: WBP Online
The number of Americans filing for unemployment benefits increased to 294,000 in the week ending March 7, the Department of Labor announced on Thursday, whereas analysts expected to see a meager decrease to 270,000, following the previous week's 274,000 initial claims. The number of applications last week was the most since the period ended January 16.

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Thu, 12 May 2016 14:37:06 GMT

BoE cuts its growth forecasts

On Thursday, the Bank of England left its benchmark interest rate unchanged at a record-low 0.5% and revised down its growth outlook for the Q2 from 0.5% to 0.3%. Moreover, the BoE lowered its annual growth forecast for the UK from 2.2% to 2.0%, and highlighted that the country's inflation rate remained below the 2% target level.

Wed, 11 May 2016 16:12:07 GMT

US stocks open with losses

The major US equity markets opened Wednesday's trading session in red, following yesterday's successful closing. At the open of the North American trading session, the Standard % Poor's 500 Index dropped 0.2%, starting at 2,079.80, whereas the Dow Jones Index lost 0.4% and the Nasdaq Composite Index fell 0.3%, opening at 17,861.10 and 4,797.37 points respectively.

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