Belgian NBB business climate gained this month

Note: This section contains information in English only.
Source: Forexpros
Belgium business climate improved this month but stayed in the negative area for 10th month in line. The business climate index measured by the National Bank of Belgium improved by seasonally adjusted 1.8% to minus 7.7 this month as compared to minus 9.5 in January. Experts predicted the index to add 1.0 attaining minus 8.5 this month. Business confidence was mainly boosted by the improved manufacturing activity.
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Thu, 23 Feb 2012 09:35:24 GMT

Gold moves higher supported by EU manufacturing data

The yellow metals posted some gains on the technical buying and weak Euro Zone's PMI data that increased gold's safe haven appeal. COMEX gold futures for delivery in April traded at 1,775.95 US Dollars per troy ounce on the New York Mercantile Exchange, advancing by 0.25%.

Thu, 23 Feb 2012 08:43:08 GMT

European equity markets tumble on PMI data and Greece downgrade

European shares traded notably lower on Wednesday after Euro Zone PMI unexpectedly indicated contraction and Fitch cut Greece's credit rating to C. Stoxx Europe 600 index dropped 0.8%, French CAC 40 index edged down 0.5% and German DAX index fell 0.9%. FTSE 100 index and Athens General index lost 0.2% and 5.7% respectively. 

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