The number of Americans filing for unemployment benefits were little changed last week as employers held on to staff in an improving economy. Claims decreased by 1,000 to 298,000 in the week ended Aug. 23 from 299,000 in the prior period, a Labor Department report showed today in Washington. The…
Read more from the original source:
Jobless Claims in U.S. Little Changed as Job Market Strengthens
The economy in the U.S. expanded more than previously forecast in the second quarter, propelled by the biggest gain in business investment in more than two years that bodes well for the rest of 2014. Gross domestic product, the value of all goods and services produced, rose at a 4.2 percent annu…
Excerpt from:
Economy in U.S. Expands 4.2%, More Than Previously Forecast
Canada’s current account deficit (on a seasonally adjusted basis) was largely unchanged in the second quarter, edging down $0.2 billion to $11.9 billion. This reflected a slight increase in the deficit on trade in goods and services, which was more than offset by a lower investment income deficit. …
See more here:
Canada’s balance of international payments, 2nd quarter2014
Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 4.2 percent in the second quarter of 2014, according to the “second” estimate released by the Bureau of Economic Analysis. In the first qua…
Originally posted here:
US Gross Domestic Product, 2nd quarter 2014 (Second Estimate)
The inflation rate in Germany – measured by the change in the consumer price index on the same month a year earlier– is expected to stand at 0.8% in August 2014. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected to…
Here is the original post:
German Consumer prices in August 2014: expected rise of +0.8% on August 2013
The FBI says it is investigating reports in the US media of recent cyber-attacks against several US banks. The reports suggest between two and five banks have been targeted, including Wall Street giant JP Morgan Chase. JP Morgan Chase declined to comment on the reports directly, but said comp…
Here is the original:
FBI probe JP Morgan ‘cyber-attack’
USD/CAD is turning a bullish breakout signal into a bearish one this week. At the beginning of the week, USD/CAD broke above a resistance at 1.0985 and looked poise to rally toward the next resistance around 1.0150 from April. However, we saw sharp retreat after this brief breakout. As we wind down…
Continued here:
USD/CAD Signals a Bearish Outlook with Trendline Breakout
BREAKING
Here is the original post:
Ukraine President: Russian troops brought into Ukraine, not ‘russian military invasion has taken place’
Euro-area economic confidence fell more than forecast, Spanish consumer prices dropped the most in five years and German unemployment unexpectedly rose in a burst of data backing Mario Draghi’s warning that more stimulus may be needed. An index of executive and consumer sentiment fell to 100.6 t…
View original here:
Euro-Area Confidence Falls as Spain Price Drop Fuels ECB Woes
A fall in lending to euro zone households and companies slowed further in July and money supply grew, but not enough to douse expectations that the European Central Bank will ultimately provide further stimulus. In an unprecedented move, the ECB started charging banks in June to keep their depos…
Read the original here:
Easing euro zone credit crunch fails to lift pressure on ECB
Ukrainian President Poroshenko said on Thursday Russian forces had invaded Ukraine and he called an urgent meeting of the Ukraine’s security and defense council to decide the next steps to take in the crisis. “I made the decision to cancel a working visit to the Republic of Turkey in connection w…
Original post:
Ukraine’s Poroshenko: Russia forces have invaded Ukraine
Retailers at their most optimistic since 2002 Retail sales grew strongly in the year to August with the pace of growth expected to accelerate again in the month ahead, according to the CBI’s latest quarterly Distributive Trades Survey. The survey of 142 firms also showed that sales were …
Here is the original:
Pace of growth on UK high street picks up – CBI survey
BREAKING
Read the original post:
Ukrainian President Poroshenko: Russian military invasion has taken place
Separatists backed by Russian soldiers have entered the town of Novoazovsk in southeastern Ukraine, a pro-government militia fighter said on Thursday. A military source said the separatist forces had also taken Savur-Mohyla, a hill east of Donetsk which gives strategic command over large areas o…
Originally posted here:
Russian-backed separatists enter southeast Ukraine town
Pressure is rising on the Swiss franc. With the franc near its strongest level against the euro in almost 21 months, the Swiss National Bank may intervene for the first time in two years to defend its cap of 1.20 versus the shared currency, according to economists from ING Bank NV to Julius Baer…
Read more from the original source:
Swiss Franc Strength Revives Talk of SNB Intervention
The Bank has today published data on the use of the Funding for Lending Scheme (FLS) showing, for each group participating in the FLS Extension, the net quarterly flows of lending to UK businesses and the amount borrowed from the Bank in the second quarter of 20141. Participants in the FLS Extens…
See the original post here:
Bank of England Funding for Lending Scheme – 2014 Q2 data
German unemployment unexpectedly rose in August as a stagnating euro-area recovery and tension with Russia darkened the outlook for Europe’s largest economy. The number of people out of work climbed a seasonally adjusted 2,000 to 2.901 million in August, the Nuremberg-based Federal Labor Agency …
Read more here:
German Unemployment Unexpectedly Rises as Risks to Economy Build
Russian hackers attacked the U.S. financial system in mid-August, infiltrating and stealing data from JPMorgan Chase & Co (JPM) and at least one other bank, an incident the FBI is investigating as a possible retaliation for government-sponsored sanctions, according to two people familiar with the…
Continued here:
FBI Said to Be Probing Whether Russia Tied to JPMorgan Hacking
The following are the intraday outlooks for the USD Index, EUR/USD, NZD/USD, USD/CAD, and EUR/CHF as provided by the technical strategy team at SEB Group. USD INDEX: Starting to correct the stretch. The greenback has during the past week been “stretched” (outside both the 233d as well as the 55…
Original post:
Intraday Outlooks For DXY, EUR/USD, NZD/USD, USD/CAD, EUR/CHF – SEB
y/y +0.8% as prev The first of the German regionals comes out weaker than prev and sends EURUSD down a massive 4 pips to 1.3200 before regaining its poise! Brandenburg, Hesse and Bavaria next up at 08.00 GMT
Read the rest here:
Saxony CPI Aug m/m 0.0% vs +0.4% prev
