Daily Data Flow
Euro-zone inflation falls to 3.5-year low in September
Euro-zone inflation fell faster than expected in September to its lowest level since February 2010, signaling that the European Central Bank (ECB) can keep its loose monetary policy to help the bloc’s recovery.
U.S. Stocks Fall as Concern of Shutdown Rises
Stocks fell today, handing the S&P its first weekly loss of September, amid growing concerns that the government shutdown which could happen next week would hamper the economy’s resurgence.
Italian Political Crisis Hits European Stocks
European stocks closed lower today, as a political crisis threatens to rip apart Italy’s fragile coalition government.
Dollar Drops on Shutdown Worries
As the U.S. government approached a possible shutdown as soon as next week, investors fled the dollar, leading the American currency to a 7-1/2-month low against the safer Swiss franc.
Good Jobs Numbers Raise Stocks
Data showing an unexpected decline in jobless claims outweighed concern about a possible government shutdown, propelling stocks to a gain for the day and breaking a five-session losing streak for the S&P 500.
Today’s Dollar Gains Temporary, Warn Analysts
Today’s release of better-than-anticipated jobs data pushed the U.S. dollar to broad gains.