German FM says low inflation in Eurozone holds no risk

Source: Reuters
Finance Minister of the Europe's largest economy Wolfgang Schaeuble claimed on Monday that the Eurozone's ongoing low inflation will not likely lead into a deflation spiral despite investors' speculations, as the ECB President Mario Draghi commented that the weak inflation holds no risk. German FM also added that the biggest risk in Europe now is the Ukraine's tension.

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Mon, 14 Apr 2014 14:22:03 GMT

Eurozone's industrial output grows in February

Industrial production in the 18-nation bloc accelerated modestly in February reflecting an improvement in intermediate goods and non-durable consumer goods sector, a report released by the statistical office Eurostat showed on Monday. The Eurozone's industrial output added 0.2% on a monthly basis in February after falling by 0.2% in the month before.

Mon, 14 Apr 2014 13:51:04 GMT

U.S. shares down in April on quarterly reports

Wall Street shares inched lower earlier on Monday trading session after companies from biotech and technology sector released quarterly earnings reports today. The Standard & Poor's 500 Index has fallen in April so far by 3%, the Dow Jones industrial average has lost 2.6% and the Nasdaq Composite Index has slipped 4.7% this far.

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