EU expects Euro Zone's economy to contract by 0.3% in 2012

Source: BBC
The Euro Zone's economy is likely to shrink by 0.3% this year, reported the European Commission. Previous forecasts predicted the region's economy to expand by 0.5% this year. The EC added that unexpected slowdown in recovery in the end of 2011 may impact the common currency union further. At the same time, the recession will be 'mild' as the signs of stabilization already appeared in the economy.


Back to articles

Actual Topics

Fri, 24 Feb 2012 09:18:52 GMT

Japanese Yen depreciates on record low volatility

Japanese Yen kept depreciating on Friday as 3-year record low volatility bolstered investor demand for riskier currencies. Japan's currency weakened 0.4% versus Euro to JPY 107.42 and slid 0.5% against greenback to JPY 80.40. Currently USD/JPY is trading at JPY 80.52 and EUR/JPY is trading at JPY 107.65.

Fri, 24 Feb 2012 08:41:24 GMT

Shanghai court allowed Apple's table sales

Shanghai court has rejected the request to ban the sales of iPad in Shanghai. The case was brought to court by the Shenzhen unit of Proview International Holdings Ltd. on February 22. The company accused Apple Inc. of violating IPR as two companies had a dispute on who is the owner of iPad tablet brand on the territory of China.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.