Germany's GDP grows more than expected

Source: WBP Online
Euro zone's country with strongest economy grew at the start of 2016 more than forecasted by analysts. German quarterly gross domestic product seasonally adjusted grew 0.7%, while predictions were at 0.6% increase of GDP. European Commission's Spring Economic Forecast shows future growth in Germany at 1.6% in 2016 and 2017.
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Fri, 13 May 2016 08:42:28 GMT

Oil futures drop on new data release on Friday

Crude fell from its 2016 heights reached on Thursday because of a huge inventory build-up in Cushing, Oklahoma where bases itself one of the top delivery hubs. Stockpiles there grew by nearly 550,000 barrels and it offset positive outlook given by International Energy Agency. WTI Futures fell 0.8% to $46.33 per barrel and Brent slipped 0.7% to $47.76 per barrel.

Fri, 13 May 2016 08:10:08 GMT

BoJ ready to take measures to reach inflation target

BoJ governor Haruhiko Kuroda claimed to be ready to use additional quantitative easing measures in order to reach the targeted 2% inflation level during fiscal 2017. The negative interest rates along with QQE measures will presumably increase yearly inflation expectations to the targeted 2%. It is expected that the CPI will amount to 0.5% in fiscal year 2016, showing a

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