Investors awaiting bullish New York trading session on Friday

Source: WBP Online
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.
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Fri, 13 May 2016 13:10:03 GMT

Aussie declines to 10-week low

The Australian Dollar encountered the deepest plunge since March 2 on Friday, following speculation on further rate cuts by the RBA. The Aussie traded 0.7% cheaper against the US Dollar and showed $0.7278 at 7:30 GMT. The currency has already plummeted by 6% over the last month, prompted by the aggravated inflation outlook.

Fri, 13 May 2016 11:22:06 GMT

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

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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