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Dec 17, 2013
German cabinet backs female candidate to replace Asmussen at ECB
The German government approved on Tuesday the nomination of Bundesbank Vice President Sabine Lautenschlaeger to replace Joerg Asmussen as ECB's executive board member. The outgoing central banker announced on Sunday that he would take the position of state secretary at the German Labour Ministry and said that his decision was motivated by personal reasons.
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Dec 17, 2013
US: NAHB Housing Market Index increases to 58 in December
The US NAHB Housing Market Index grew to 58 in December, from 54 in November, according to data released by the National Association of Home Builders. Analysts expected the indicator to rise only to 55.
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