German retail sales show the longest decline since 2007

Note: This section contains information in English only.
Source: Bloomberg
German retail sales dropped third month in a row in June on concerns about the results of the Eurozone crisis. On Tuesday, the Federal Statistics Office reported that sales, adjusted for seasonal swings and inflation, decreased 0.1% from May, when they tumbled 0.3%. While entrepreneurs' and investors' confidence slipped in July, consumer sentiment is expected to hit five-month high.
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Tue, 31 Jul 2012 08:57:49 GMT

S&P 500 slides after a two-day rally

Three stocks dropped for every two that gained on the U.S. exchanges amid doubts that the two-day rally of S&P 500 had outperformed economic reality. The Standard & Poor's 500 Index fell 0.1% to 1,385.30, after climbing 3.6% in two days.The Dow Jones Industrial Average slipped less than 0.1% to 13,073.01.

Tue, 31 Jul 2012 08:35:50 GMT

The Loonie moves closer to parity with the U.S. Dollar

Canada's Dollar hit the highest in almost 11 weeks against the U.S Dollar on beliefs that Federal Reserve will act further to boost U.S. economy and ECB will undertake extra monetary stimulus. The Loonie increased 0.2% to C$1.0016 per U.S. Dollar, it buys 99.84 U.S. cents. The last time parity between the two occurred was May 15, when the Loonie

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