Industrial output in Europe declined in December

Source: Bloomberg
European industrial production fell in December, weighted down by a drop in Germany, fuelling concerns the region might be entering in a new recession wave. The output in Euro Zone declined 1.1% in December compared to November. Analysts predicted a decline of 1.2%. On yearly basis production diminished 2%. 
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Tue, 14 Feb 2012 15:24:15 GMT

Hang Seng index erases losses on property shares

Hong Kong's Hang Seng index started lower on Tuesday, pushed down by Moody's downgrades across Europe. However, index erased losses during session and finished 0.15% or 30.43 points up at 20,917.83, supported by the rally of property shares. Property market retreated after a sharp sell off yesterday caused by Chinese city of Wuhu's cancellation of property purchasing easing. Henderson Land

Tue, 14 Feb 2012 12:12:00 GMT

German investor confidence rallied in February

The sentiment of German investors surged more than expected in February, reported ZEW center in Manheim The confidence index jumped to 5.4 in February compared to minus 21.6 in January. February sentiment index is the highest reading since April 2011. Economists previously predicted an advance to minus 11.8. 

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