German inflation rises in August

Note: This section contains information in English only.
Source: RTTNews
Germany's HICP advanced 2.2% in August from 1.9% in the preceding month, Federal Statistical Office said on Wednesday. On monthly basis, the HICP rose upwardly revised 0.4% in July. Meanwhile, CPI added 2.1% on year in August, from 1.7% in previous month and above forecast of 2%. Increase was lead by a 7.6% climb in energy prices.
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Wed, 12 Sep 2012 13:32:47 GMT

European stocks increase after German court approved ESM

The major European stocks index Stoxx Europe 50 gained 0.98% to 2,582.84 on early London trading session. Index gained a second day after the top German court approved country's participation in Eurozone's bailout fund with certain conditions. This decision increased confidence in the market that governments will not let economies get worse.

Wed, 12 Sep 2012 09:41:47 GMT

European futures slightly up ahead German ruling

European stock futures were slightly positive as Euro Stoxx 50 index was up by 0.1% to 2,562 on late Asian trading hour. Investors keep positions on hold till German top constitutional court announce decision on the country's participation in the €500 billion Euro region bailout fund. The court announces its verdict at 10 a.m.

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