Tag Archives: Economy

Is China increasing its gold reserves to make Yuan a reserved currency? Leave a comment Read more »

Is China increasing its gold reserves to make Yuan a reserved currency?

China will be boosting its gold reserves as the precious yellow metal only makes up a small share of its FOREX holdings. The country has yet to make an announcement on how much gold it will have in…


Employment down by 0.3% in euro area Leave a comment Read more »

Employment down by 0.3% in euro area

The number of persons employed decreased by 0.3% in the euro area (EA17) and by 0.2% in the EU27 in the
fourth quarter of 2012 compared with the previous quarter, according to national accounts es…


US Initial Job Claims Was 330,000 Leave a comment Read more »

US Initial Job Claims Was 330,000

In the week ending January 19, the advance figure for seasonally adjusted initial claims was 330,000, a decrease of 5,000 from the previous week’s unrevised figure of 335,000. The 4-week moving ave…


USD Unemployment Claims Decline to 393k Leave a comment Read more »

USD Unemployment Claims Decline to 393k

The more urgent issue is what to do with a $45 billion-a-month program known as Operation Twist, in which the central bank is buying long-term Treasury securities and funding the purchases with sales.


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