Danish economy recovers as consumption rises

Note: This section contains information in English only.
Source: Bloomberg
Economy of Denmark returned to advance in the first three months of this year, as domestic consumption added 2% and investment increased. GDP of the country jumped 0.9% quarter-on-quarter after a 0.5% slid in October-December. As expected, the weakest economy of Scandinavia will continue to recover. Moreover, the country still holds the highest credit rating of AAA.
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Wed, 28 May 2014 11:09:03 GMT

European bonds surge amid possible ECB stimulus

A significant number of state bonds in Europe jump today, as experts prepare for further stimulus from the ECB, which can be announced the next week. Belgian 10-year bonds' yields plummeted to 1.9%, the record minimum. Spanish securities with the same maturity rise, with yields dropping to 2.86%, while German and Italian yields are decreasing to 1.37% and 2.97%, respectively.

Wed, 28 May 2014 10:47:08 GMT

European stocks fall as companies miss profit estimates

Equities of the biggest European companies decline on Wednesday, as investors evaluate their performance for work in the first quarter, while some of them decreased future profit projections. The benchmark Europe Stoxx 600 Index drops 0.2% to 343.75 points, down from the highest level in six years. Among losers, Elektra AB and Osram Light AG decrease 7.7% and 7.6%, respectively.

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