German CPI remains below target in April

Source: WBP Online
Germany's Consumer Price Index jumped 0.1% year-over-year in April, following the 0.3% inflation rate seen in the previous month and falling behind the 0.2% forecast. Meanwhile, the country's monthly inflation gauge showed a negative 0.2% reading, compared to the 0.8% hike reported in the third month of the year.
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Thu, 28 Apr 2016 16:00:19 GMT

US PCE remain stable in Q1

The Personal Consumption Expenditure Price Index grew 0.3% during the first three months, following a 0.3% increase registered in the Q4 2015 and surpassing economists' 0.2% forecast. The PCE Index eliminating food as well as energy rose 2.1% in the Q1 2016, whereas analysts expected a 1.9% hike, after a 1.3% improvement seen in the Q4 2015.

Thu, 28 Apr 2016 14:38:05 GMT

Us stocks open in red on Thursday

US stock markets opened Thursday's trading session lower, following the Bank of Japan's decision to keep its monetary policy steady. The Dow Jones Industrial Average Index lost around 0.2%, trading at 18,010.39, whereas the S&P 500 Index dropped 0.2% and the Nasdaq Composite Index lost 0.1%, trading at 2,091.84 and 4,857.65 points respectively.

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