Category Archives: Financial News

US Unemployment Claims Up to 388k as of October 13, 2012 Leave a comment Read more »

US Unemployment Claims Up to 388k as of October 13, 2012

In the week ending October 13, the advance figure for seasonally adjusted initial claims was 388,000, an increase of 46,000 from the previous week’s revised figure of 342,000. The 4-week moving ave…


Euro Bounces Back Leave a comment Read more »

Euro Bounces Back

Spain’s two-year notes fell for a fourth day, the longest run of declines in six weeks, after New York-based S&P said yesterday it had cut the rating two levels to BBB-. While data compiled by Bloo…


EUR CPI Weakness Leave a comment Read more »

EUR CPI Weakness

Consumer prices in Germany in September 2012 increased by 2.0% as of September 2011. The rise in prices have once again weakened slightly. In August 2012, the inflation rate – measured by the consum..


Euro Update: Debt Crisis Leave a comment Read more »

Euro Update: Debt Crisis

Ministers from the 17-nation euro area yesterday declared the 500 billion-euro ($649 billion) European Stability Mechanism operational. They also said Spain, the permanent rescue fund’s biggest pot…


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