Europe stocks drop before German data

Source: Bloomberg
On Wednesday, Europe's stocks tumbled from the highest level in four month before a report that may post German industrial output decline. The Stoxx Europe 600 Index fell 0.3%, after gaining to the strongest since March yesterday. The Standard & Poor's 500 Index dropped 0.2%. The MSCI Asia Pacific Index gained 0.3%.
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Wed, 08 Aug 2012 12:08:12 GMT

Hong Kong stocks decline before China data

Hong Kong stocks dropped, lead by the city's benchmark index falling for the first time in three days, before reports may post the economy is slowing. There were little losses on belief slowing inflation may leave more room for additional monetary easing. The Hang Seng Index slipped 0.2% to 20,032.80 after a 0.6% gain.

Wed, 08 Aug 2012 13:55:12 GMT

Greenback turned lower on Eurozone's hopes

On Tuesday, August 7, the greenback remained lower versus the Euro and other major currencies amid hopes that the ECB will soon make decisive actions to stem the debt crisis in the Eurozone. In order to lower Italian and Spanish borrowing costs, the ECB may soon resume bond-buying program.  The shared currency strengthened against the greenback during today's New York trading session, with EUR/USD adding 

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