
The latest NFP report fell short – really short this time! – of market expectations with only 38K jobs added in May. And even though wages still grew at a pace of 2.5% per annum, the headline figure was really…
The Euro Area GDP grew by only 0.2% during the second quarter of 2011; this slow paced growth is mainly due to the disappointing growth rate of Germany’s GDP by only 0.1% during the second quarter 2011. During the first…