Eurozone CPI inflation stands at 2.5%

Worldwide currencies to look out for Eurozone CPI to show where inflation currently stands is released today at 10.00am and the markets are expecting the figure to remain inline with last months figure ...

ADP employment data comes in slightly worse than expected

The employment report published by US payroll processing firm ADP reveals that 91,000 private jobs were created in the US during the month of August. Analysts were expecting 100,000. ...

London close: Strong finish to bad month

The top share index finished the worst month since the financial crisis broke out in late 2008 with strong gains as strong economic data in the US whetted investors' appetite ...

Eurozon unemployment rate hits double-figures

Unemployment in July in the Eurozone was slightly worse than expected, according to data from Eurostat. The unemployment rate for July in the Eurozone was 10.0%, the same as in June ...

Germany cabinet approves enhanced EFSF

German Chancellor Angela Merkel's cabinet has ratified expanded measures to combat the euro-area debt crisis, according to Bloomberg. The above ahead of a September 29th vote in the lower house ...

London open: Bwin, 888 lead the rise

The Footsie edged higher in early trading on the back of a rally in New York last night after minutes from the last meeting of the Federal Reserve showed policymakers ...

FX round-up: Euro weakens after gloomy data

The euro eased against the dollar on Tuesday as investors mulled weak data from the US and Europe. The euro was down at $1.4442 in late trading from $1.4510 the previous ...

S&P cuts Eurozone growth estimates

US ratings agency Standard & Poor's (S&P) lowered its growth estimates for the Eurozone but signaled that it will not dip back into recession. S&P now expects gross domestic product ...

Lower than expected US consumer confidence

US consumer confidence fell to 44.5 points in August compared to the previous month's 59.2. The market consensus was looking for a reading of 51.9 points. The expectations sub-index fell to 51.9 ...

Germany delays vote on EFSF

Germany has delayed its crucial vote to expand the ?440bn European Financial Stability Facility (EFSF) by one week to 29 September. A spokesman from Chancellor Angela Merkel's Christian Democrats said that ...
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