There are current reports of a shooting incident on the Israel/ Syrian boarder as dozens of Palestinians crossed it and entered to Majdal Shams in the Golan Heights. Thousands of Palestinians protestors came to the area near Southern Lebanon to…
Category: News by Region
Euro Area GDP grew by only 0.8% in 1st quarter 2011
According to the recent report by Eurostat, the preliminary estimates of the Euro Area and EU27 GDP growth rate in first quarter of 2011 was only 0.8% (seasonally adjusted) compared to the previous quarter (Q-2-Q). In annual terms the Euro…
US inflation rose by 0.4% in April
In the recent report by the Bureau of Labor Statistics, the US inflation for April 2011 inclined by 0.4% or in annual terms by 3.2%. The report showed, as expected, a rise in major commodities prices in particular the…
Floods in Mississippi River may impede transport of oil and gas
The recent news from the US report of a flood in the Mississippi river; the flood has reached Memphis but didn’t cause damage, and it moved south all the way to threaten Louisiana. The Mississippi river has risen by over…
China’s inflation rate rose by 5.3% during April
According to the Statistics Bureau in Beijing, the Consumer Price index of China inclined during April by 5.3% (Y-2-Y). This inflation rate is above the expectations of China’s government target inflation rate of annual increase of 4%. At the current…
CME raised the margin on crude oil contracts
In an attempt to curb the rising instability in the crude oil market, The Chicago Mercantile Exchange (CME group) raised the margin required for investors to trade U.S. crude oil futures by 25% to be affected as of the close…
Armed forces conquered Syrian city Banias
The situation in Syria only continues to escalate: yesterday Syrian armed forces including tanks conquered the Syrian city of Banias, located in the northern part of Syria, and attacked the protesters against the current ruling of President – Bashar al-Assad.…
U.S Labor showed similar improvement as last month – May report 2011
The US’s employment report was published today, May 6th by the Bureau of Labor Statistics published about the April 2011. According to the recent report, the labor force rose at a similar pace as it did the preceding month, as…
US initial claims rose last week
The U.S. jobless claims continued to rise during last week, according to recent report published yesterday; as the initial claims increased by 43,000 for the week ending on April 30th, and it reached 431,000 claims; the insured unemployment rate rose…
The EURO/USD drops as ECB left interest rate unchanged
Despite the expectations that the European Central Bank will raise its interest rate, eventually the Interest rate of ECB remained unchanged at 1.25%. The financial markets reacted very promptly to the news and EURO/USD fell very rapidly. Furthermore, major commodities,…