US Dollar trades higher against Euro by 14:00 GMT

Source: WBP Online
On Thursday, the Greenback traded higher against the Euro despite the higher-than-expected rise in the number of initial jobless claims reported earlier. The Euro dropped 0.15% to $1.1408, whereas the US Dollar Index added 0.09% to 93.89 points by 14:00 GMT on the NYSE, but below its two-week high of 94.22 seen at the beginning of the week.
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Thu, 12 May 2016 16:49:05 GMT

European stocks finish in red on Thursday

Europe's largest stock markets closed Thursday's trading session in red. Germany's DAX 30 Index lost around 1.2%, finishing at 9,857.38, while Britain's FTSE 200 Index dropped almost 1.0%, closing at 6,101.46 points. Meanwhile, France's CAC 40 Index fell 0.5% to 4,293.99, and the Euro Stoxx 50 Index declined 0.8%, closing today's trading session at 2,934.54 points.

Thu, 12 May 2016 17:11:03 GMT

France in a 3-month deflation streak in April

Inflation report released today revealed another month of falling prices in France. Living expenses in the Euro zone's second biggest economy, measured by the Consumers Price Index and compared to same period last year, decreased by 0.2%. Meanwhile, on a month-to-month basis CPI rose 0.1%.

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