Economic NewsEconomic News
A lack of U.S fundamentals today but fears remains strongly spread…
As the week starts fears and worries remain spotted on a national and global scale as one hand it is strongly speculated now that the EU debt crisis will deepen and spread further around the...
S&P dovish announcements reignite fears with eyes turning to second bailout for Greece
No sooner had European markets clamed down last week with the approval of the Greek austerity measures by the Greek Parliament and European Finance ministers than it returned to the jittery situation...
Retail sales in Australia unexpectedly dropped and building approvals declined more than forecasts
Retail sales in Australia declined in May opposing analyst's expectations, despite the Australian economy has started to give some optimism signals as the export of iron ore and coal to China and...
US jobless claims came out worse than forecasts while that the country's business conditions managed to enhance slightly this month…
Indeed the U.S ongoing deteriorated labor market showed and continues on showing slender signs of improvement as already attested by the Fed and FOMC members but overall activities of the crucial...
European Confidence Slides on Renewed Greek Default Concern
European economic confidence dropped in June to 105.1, the lowest in eight months, from 105.5 in May as the renewed Greek debt crisis lowered confidence in the 17-nation using the common...
Outlook for the World's Third-Largest Economy Improves Despite the March Quake
The outlook for Japanese economy has improved as the retail sales came better than expected during May, means that the world's third largest economy started its rebounding curve in the second half of...
US Jobless Claims rise above forecasts…
The number of Americans filing for unemployment benefits in the previous week rose gloomily and surprisingly above the market forecasts as reported today by the US Labor Department, confirming once...
Properties bubble is to start threatening the Chinese economy
The Chinese economy has witnessed a property price boom which caused rapid inflation acceleration which is threatening the nation's growth, where demand on real estate and residential homes...