Factory orders in Germany decline in December

Source: Bloomberg
The total number of factory orders in Germany surprisingly fell in December of the previous year, as domestic demand weakened, showing that investors in Europe are still not confident about sustainability of Eurozone's recovery. Orders, including inflation and seasonal factors, were down 0.5% on a monthly basis after a 2.4% jump in November. Economists waited for a 0.2% rise.
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Thu, 06 Feb 2014 13:23:03 GMT

U.S. index futures gain as Coca-Cola stocks advance

U.S. stock-index futures gained, indicating that equities will rise for a second straight day, as earning releases of major companies and jobless claims were awaited by investors. The Standard & Poor's 500 Index futures expiring in March added 0.5% to 1,752.8 as of 11:04 a.m. London time. Dow Jones Industrial Average contracts rose 0.5% to 16,436 today.

Thu, 06 Feb 2014 12:56:04 GMT

Commerzbank to sell non-performing Spanish loans

Commerzbank AG, the second biggest bank in Germany, said on Thursday that it sold non-performing mortgages in Spain with a total amount of 710 million euro, as the bank wants to decrease risky assets by 600 million euro and issue 20 million euro of new capital. Stock prices of Commerzbank AG are picking up 2.9% to 13.04 euro per share

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