Euro zone's Manufacturing PMI rises

Note: This section contains information in English only.
Source: Investing.com
In the Euro zone, manufacturing activity inched up from the previous month. Manufacturing PMI in July expanded to 51.9, indicating a timid increment compared to 51.8 in June. Still, analysts had forecast a decrease to 51.7. Meanwhile, services PMI surprisingly rose to 54.4 from last month's 52.8, exceeding analysts' forecast of 52.7. Following this release, the Euro rose 0.05% to 1.3470 versus the Dollar.
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Thu, 24 Jul 2014 11:53:10 GMT

UK Retail Sales rise less than expected in June

During the month of June retail sales rose by 0.1% in the United Kingdom. However, this increase was unsatisfactory compared to its forecast. After the release, the Sterling extended losses versus the Dollar, dropping by 0.16% from 1.7040 to 1.7018. In the meantime, European stocks were varied. Euro Stoxx 50 climbed 0.4%, FTSE 100 dropped 0.1% and DAX rose by

Thu, 24 Jul 2014 11:31:10 GMT

European stocks drop driven by PMIs

After the release of flash Manufacturing and Services PMI for both France and Germany, European stock markets fell. This drop occurred before the PMI regarding the Euro zone was released. Flash Manufacturing and Services PMIs are predicted to decrease to 51.7 and 52.7 respectively. Euro Stoxx 50 declined by 0.27%, DAX was down by 0.44% and FTSE 100 lost 0.26%.

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