Jan 25 data

  • UK GDP; German IFO business sentiment; US new home sales
3:10pm

Banks ponder raison d’être of Davos

World Economic Forum illustration ©Ingram Pinn

Brighter mood has shifted spotlight from financial services

From US ECONOMY 2:19pm

US jobless figures fall to five-year low

Weekly volatility undermines positive trend

Shoppers peruse the stalls in an indoor market near the Plaza de Cascorro on July 7, 2012 in Madrid, Spain. Despite having the fourth largest economy in the Eurozone, the economic situation in Spain remains troubled with their unemployment rate the highest of any Eurozone country. Spain is currently administering billions of euros of spending cuts and tax increases in a bid to manage its national debt. Spain also has access to loans of up to 100 billion euros from the European Financial Stability Facility which will be used to rescue the country's banks that have been badly affected by a crash in property prices. ©Getty EU ECONOMY 12:37pm

Spanish unemployment hits record high

Jobless total soars to almost 6m with 60% of under 25s out of work

From WORLD 11:00am

Business chiefs show backing for Cameron

LSE chief among figures hailing PM’s plan for EU referendum

A woman uses a parasol to shelter from the sun as she walks through the Namdaemun market on September 5, 2011 in Seoul, South Korea ©Getty From WORLD 2:08pm

Wary Korean consumers reflect broader ills

Weak retail conditions highlight sagging momentum in economy

EU ECONOMY 9:35am

Eurozone business activity improves

January PMI jumps to 48.2, beating expectations

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