German producer price index increased slower than anticipated

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Source: Capital
German producer price index was increasing at a slower pace than expected. Monthly index, which was expected to be 0.3%, decreased by 10 basis points since March and was only 0.2% in April. Annual index missed expectations by 20 basis points and was only 2.4%, 90 basis points lower than in March. Energy prices, of all categories, increased the most on an annual basis. Excluding 4.5% increase in energy prices, annual German PPI advanced only by 1.5%. 
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Fri, 18 May 2012 13:38:40 GMT

Asian stocks lost 2012 accruals

Hang Seng China Enterprises Index, which includes Hong Kong listed Chinese companies, lost 21% of its value since year high on 29 February. 90% of stocks included in MSCI Asia Pacific Index contracted and index itself lost 2.6% for today and at least 5% for the week. Japan's Nikkei 225 Stock Average and more extensive Topix Index lost around 3% today. Hang Seng

Fri, 18 May 2012 13:16:32 GMT

Oil Ends Down for a Third Consecutive Week on Debt Crisis

Earlier today Fitch Rating downgraded Greece to 'CCC' from 'B-', while Moody's has cut ratings of 16 Spanish banks. As the U.S. dollar gets stronger, investors are concerned that aggravating debt crisis in Europe will reduce demand for oil. Therefore, oil shows decline for a third week. Crude oil lost 25 cents yesterday and reached the 6-month low of $92.56. Brent oil for July delivery slid 0.5

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