Big Data Revealed: German Ifo Business Gains Strength, U.S. Weekly Jobless Claims Rise, U.S. Durable Goods Orders Increase

From Berlin economic news we reporting, German Ifo Business Morale Gains Strength Unexpectedly, Sentiment among German firms improved unexpectedly in April as businesses were more confident about their future activities, a closely watched survey showed Thursday. Even the risks emanating from the Ukraine crisis left business morale untouched. Business confidence rose to 111.2 in April from 110.7 in March, a survey conducted by the Munich-based Ifo Institute, among 7,000 firms, revealed.

Another big data from U.S. Finally revealed, U.S. Weekly Jobless Claims Rise More Than Expected
First-time claims for U.S. unemployment benefits rose by more than expected in the week ended April 19th, according to a report released by the Labor Department on Thursday, with initial jobless claims climbing further off their recent lows

And then, U.S. Durable Goods Orders Jump More Than Expected In March, After reporting a bigger than expected increase in new orders for U.S. manufactured durable goods in the previous month, the Commerce Department released a report on Thursday that once again showed stronger than expected durable goods orders growth in the month of March

Meanwhile from Eurozone central bank, ECB's Draghi: Weaker Inflation Would Warrant Broad-based Asset Buying, European Central Bank President Mario Draghi said on Thursday that any worsening of the euro area inflation outlook may prompt the bank to adopt a broad-based asset buying scheme. "Unlike the other contingencies, the objective here would not be to defend the current stance, but rather to increase meaningfully the degree of monetary accommodation," Draghi said in a speech in Amsterdam.

Source: rtt news