Eurozone Current Account surplus expands

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Source: FXstreet
Eurozone's Current Account surplus rose to seasonally-adjusted EUR12.7 billion in June, compared to EUR10.3 billion in preceding month, the ECB reported on Friday. Economists predicted a surplus to decline to EUR7.8 billion. Non-adjusted euro area Current Account surplus moved from a EUR3.2 billion in May to a EUR15.7 billion in June.
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Fri, 17 Aug 2012 11:32:37 GMT

US stocks closed higher on upbeat property market data

US stocks rallied on Thursday amid upbeat US property market data. The number of building permits issued in the US reached four-year peak in July. Adding to gains of the US equities, Angela Merkel approved ECB actions aimed at combating Eurozone's debt crisis.  Germany's Chancellor also pledged to do whatever it takes to preserve the single currency. The S&P 500

Fri, 17 Aug 2012 15:50:55 GMT

Treasuries jumped on economic data

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