Thursday, October 2, 2014

Wow U.S. Weekly Jobless Claims Show Unexpected Decrease, The European Central Bank Left its Key Interest Rates Unchanged

From Eurozone monetary latest update, ECB Maintains Status Quo Stance After September Rate Cut, The European Central Bank left its key interest rates unchanged at a record low, after reducing them in a surprise move last month, as economic momentum in the euro area remains subdued. The Governing Council, led by President Mario Draghi, held the refinancing rate at a record low 0.05 percent following its policy meeting in Naples, Italy on Thursday

Important monetary data from New York, U.S. Weekly Jobless Claims Show Unexpected Decrease, First-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended September 27th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 287,000, a decrease of 8,000 from the previous week's revised level of 295,000. What a surprise

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