Monthly Archives: February 2012

Initial jobless claims figures continue to be a source of good news last week. With an unchanged reading of only 351,000 persons signing up for unemployment benefits for the first time, it remains at the lowest level in almost four … Continue reading →

After 13 hours of negotiations, the Eurogroup reached a deal on a second rescue package for Greece on Tuesday morning. During the night measures were taken to cut Greek debt from 129% of GDP to 120.5% in 2020. While it … Continue reading →

In domestic news, UK gross domestic product (GDP) grew by 0.2% quarter-on-quarter in the fourth quarter of 2011 (0.7% year-on-year), according to the latest data out from the Office for National Statistics (ONS) this morning. That confirmed the preliminary estimate … Continue reading →