Euro Zone's GDP grows slower than expected in Q1 2016

Source: WBP Online
Growth in Euro Zone in 2016 first quarter was better than previous quarter, but still lower than estimated previously. On a quarter-to-quarter basis the European economy strengthened by 0.5% and 1.5% compared on a year-to-year basis to same period in 2015. Annual growth was also a 0.1% less than expected.
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Fri, 13 May 2016 11:33:13 GMT

Investors awaiting bullish New York trading session on Friday

Investors prepared for negative trading session in New York on Friday, as most expect fall in US retail sales in April. Futures of equity in New York fell before weekend. Standard & Poor's 500 index decreased 0.4% and moved to 2,050.40 points before market opening. Asian stocks finished days trading lower and European markets moved in the same direction.

Fri, 13 May 2016 10:21:12 GMT

Pound depreciates against US Dollar on Friday

On Thursday, the Sterling appreciated against the Greenback and rallied above the 1.45 dollar level, but fell soon afterwards around 100 pips on Friday. The UK currency lost 0.3% against the Buck and was trading at 1.4413 dollars by 8:45 GMT. Important US data on retail sales, producers' prices and consumer sentiment is due to be released on Friday that

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