Europe vehicle sales fall

Source: Bloomberg
© Scanpix/Agence France-Presse
European auto sales fell to the lowest level in two decades, German investor sentiment surprisingly decreased and Eurozone's exports dropped for a second straight month, rising worries that the region's economy is struggling. Car registrations fell 6.3% to 1.18 million autos in June compared to previous year, while the ZEW index missed the expectations by dropping to 36.3 this month.
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Tue, 16 Jul 2013 14:40:06 GMT

U.S. consumer prices climbed 0.5% last month

U.S. consumer price index rose 0.5% in June after an increase of 0.1% the month before. Markets expected a 0.3% advance. On 12-month basis ending in June, the CPI reached 1.8% in June, matching expectations. Core consumer price index, which excludes food and energy goods and services, rose 1.6% from June 2012.

Tue, 16 Jul 2013 14:18:10 GMT

Switzerland shares slide from highest level in six weeks

Shares in Switzerland dropped from the highest point in more than a month and a half as Germany's confidence report and U.S. industrial output was awaited. The SMI slipped 0.4% to 7,964.11 as of 9:58 a.m. Zurich time; however, the gauge rose 2.6% previous week after Bernanke stated that U.S. economy still needs monetary stimulus. The Swiss Performance Index decreased

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