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Jobless Claims High In United States The claims for new jobs are creeping up in United States last week and solid market momentum is taking place in labor market as Federal Reserve is on the path of increasing the interest rate. Unemployment forms submitted increased to about 4000 which is adjusted to 277,000 for the week ending August 15 th , said the Labor Department (USA). Revised data shows that 1000 fewer application were received and last week it’s claiming to see a lesser claims about 272,000. Due to this United States Dollar dipped against the basket of currencies. Gold remain bullish till September, but don’t remain investing and pull-out when you gain profit. Stock Index futures of United States dipped after the release of data. Federal Reserve is getting very good signal from the labor market, but can improve faster, but inflation is low and global economy is weak for increasing interest rate. This labor data shown for the last week shows that labor c

About.Me.SubinFinance   Will world survive greece debt crisis????? "Greece Debt" Banks default is at stake due to optimism that German and Euro Banks are reconsidering the credit line to keep the economy moving. They also cut the borrowing cost so that Greek can buy slightly cheaper and invest this money in the economy. European shares had gained more than 1% but the Euro had been beaten by strong United States Dollar and Yen. Italian Bonds are considered to be favorable than German Bonds as Germany is opening more credit line to Greece which in turn can create more Bad Debts than opportunities. Wall Street and other stock exchanges too got the green signal, was moving upwards whereas Gold and Silver got the thrashing. https://en.wikipedia.org/wiki/ Greek _government- debt _ crisis. Will Euorpe Survive Greece Debt Crisis???? "Greece Debt" proposal is considered to be short term gain only, long term is considered to be a myth. http:// www.usatoday.co

"Federal Reserve Finance" is planning to Increase the interest rate after report of good prospering jobs. So the signs of Trading are a bit low due to this expectation. This year the Federal Reserve is planning to increase the Interest rate this September due to healthier United States Economy . Banks are proposing that Federal Reserve will be increasing the Interest Rate this September and there will be another rate before the year ends.  Apart from that, Banks are also expecting the InterestRate hike will be steeper and their timing. Is it the correct time "Federal Reserve Finance " is taking this crucial decision? How will it affect the Global Economy? Does Barack Obama require United States Dollar to be lean? Dow Jones Industrial Average was down; same is with S &P index and Nasdaq Composite. Energy Index is the leading looser due to slide of China’s Oil import and OPEC is planning to keep the increased production .  The