French economy grows 0.3% in Q4

Source: Bloomberg Businessweek
Economic growth in France picked up in the last quarter of the previous year, as the GDP rose 0.3% on a quarterly basis after a 0.1% increase in July-September. Economists, in turn, waited for a smaller 0.2% advance. During the whole year 2013 economy grew 0.3% as well. The GDP data is very important for the ECB, as it will determine whether the regulator will add stimulus next month.
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Fri, 14 Feb 2014 09:46:30 GMT

U.S. Dollar falls on disappointing data

The U.S. currency weakened on Friday session falling towards the lowest level in three weeks versus the majority of its most-traded peers after a government data showed that retail sales in the country fell and jobless claims advanced last week. The so-called Greenback traded at 102.08 yen and $1.3675 against the Euro, while the U.S. Dollar index fell to 80.194.

Fri, 14 Feb 2014 08:41:44 GMT

Asia's stocks gain set to record weekly gain

The majority of Asian shares increased on Friday trading session after a government report showed unfavourable data from the U.S. pushing the nation's currency towards the lowest level in three weeks versus the Euro. The MSCI broadest Asia-Pacific gauge outside Japan gained as much as 0.7% and was set to record its largest weekly advanced since September.

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