Europe awaits Stress Test results

Friday, 15 July 2011 01:00

Eurozone is stressing out as it’s waiting for the European Bank Stress test results; 91 banks in 21 nations are undergoing the test as the banks being tested constitute 65% of the European Union’s total banking assets.

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Jobless Claims in U.K up by 24,500

Wednesday, 13 July 2011 03:01

Report for Jobless Claims in the United Kingdom for July disappoint today as 24,500 people claimed for unemployment related benefits during the previous month; July’s unemployment change was even larger than June’s unemployment change of 22,500.

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Sterling tumbles after CPI of 4.2%

Tuesday, 12 July 2011 12:45

U.K released Consumer Price Indices earlier today, measuring the change in the price of goods and services purchased by consumers. The release was expected at 4.5% as May’s CPI, rather than 4.2% that was the actual report released today for June.

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Yen strengthens as BoJ rates remain the same

Tuesday, 12 July 2011 11:53

The Bank of Japan announced its overnight call rate earlier today, which remained the same between 0 and 0.10% as predicted.

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Canadian Housing Start

Monday, 11 July 2011 05:35

Canadian Housing Starts which measure the annualized number of new residential buildings that begun construction during the previous month was released at a much better pace than initially calculated and forecasted.

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