Hot News: U.K. House Prices Rise, China reduced its interest rates, Bank of England Relaunches QE; Rate On Hold

Global Stocks May See Early Weakness Despite Upbeat Jobs Data, U.S forex traders shrugging off better than expected U.S. employment data, latest update, stocks are likely to move to the downside in early trading on Thursday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 49 points
From Sidney economoc news we reporting, Australia May Trade Deficit A$285 Million, Australia posted a seasonally adjusted merchandise trade deficit of A$285 million in May, the Australian Bureau of Statistics said on Thursday
From Philippines economic news we got good news, S&P finally Upgrade Takes Philippines Closer To Investment Grade StatusThe Philippines has inched closer to its cherished investment grade status with Standard and Poor's on Wednesday upgrading its credit rating on the island nation by one notch, citing improved public finances

U.K. House Prices Rise Unexpectedly In June, House prices in the U.K. increased unexpectedly for a second month in a row in June as prices continued to fluctuate on a monthly basis amid subdued sales, data from the Lloyds Banking Group's Halifax division revealed Thursday
Germany latest economic data, Germany's Factory Orders Recover Unexpectedly On Foreign Demand, German factory orders recovered unexpectedly in May on robust foreign demand, the Federal Ministry of Economy and Technology said Thursday

Latest Eurozone debt crisis we reporting from Madrid, from Bonds market, Spain, France Face Higher 10-year Yields; Ireland Sees Strong Demand, Spain and France paid more to borrow funds for ten years at separate auctions on Thursday, while Ireland witnessed strong demand for its short-term debt as it entered the market for the first time in nearly two years. The parameters rising borrowing costs indicate that markets remain doubtful over the prospects of the currency bloc even after EU leaders struck a crucial deal last week. Further, global markets were on edge ahead of the closely-watched European Central Bank interest rate decision announcement
Monetary and economic news from Asian we reporting, China Lowers Interest Rates Again To Boost Growth, China reduced its interest rates for the second time this year in a bid to support the economy that is showing increasing signs of slowing growth, day by day seems slow down. China central bank, The People's Bank of China said in a statement on Thursday that it was lowering the one-year deposit rate by 25 basis points to 3 percent. The one-year lending rate was reduced by 31 basis points to 6 percent. The latest reduction comes just a month after the central bank announced its first rate cut since late 2008
Latest British economic news, finally Bank of England Relaunches QE; Rate On Hold, UK policymakers decided to relaunch monetary stimulus in hopes of giving the recession-hit economy a jump start. Financial regulator, The Bank of England had temporarily halted their quantitative easing programme back in May, but with inflation in check and the European economy teetering, the nine-member Monetary Policy Committee decided to raise the size of its asset purchase plan by GBP 50 billion to GBP 375 billion. The committee expects the programme to take four months to complete
Latest economic news from New York we reporting U.S. Private Sector Employment Jumps More Than Expected In June, Private sector employment in the U.S. increased by much more than expected in the month of June, the data according to a report released by payroll processor Automatic Data Processing (ADP) on Thursday, with the data offsetting recent concerns about the strength of the labor market.
Meanwhile, U.S. Weekly Jobless Claims Fall To 374,000, Lower Than Expected, New unemployment claims fell more than expected for the final week of June, according to figures released Thursday by the Labor Department.
The detail data based on the DOL calculated that there were a seasonally adjusted 374,000 new claims for unemployment for the week ending June 30. That marks a notable drop of 14,000 from the previous week's revised figure of 388,000 and comes in well below the 386,000 level predicted by most economists. The previous week's figure was revised up slightly from the 386,000 initial jobless claims
Hot news from Eurozone, European Central Bank Slashes Key Rate To Record Low, The European Central Bank announced a historic interest rate cut on Thursday in an attempt to shore up the 17-nation economy that is slipping into recession and closer. But the move may not be enough to satisfy financial markets looking for concrete solutions to the sovereign debt crisis in the Eurozone area, economists say.
The detail, at its meeting in Frankfurt, the Governing Council led by ECB President Draghi reduced the main refinancing rate by 25 basis points to 0.75 percent, makes EUR/USD more lower below 1.24