U.S. industrial production fell unexpectedly

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Source: Marketwatch
As reported by the Federal Reserve, industrial production in the U.S. fell most since 2009. Industrial production fell to -1.2%, down from 0.5% in the preceding month, while experts had predicted a 0.2% rise. At the same time, manufacturing output lost 0.7% last month.
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Fri, 14 Sep 2012 19:20:53 GMT

U.S. consumer sentiment soared in September

U.S. consumer sentiment surprisingly rose in early September, reaching four-month peak, as Americans were more optimistic about nation's economic and job prospects, the University of Michigan said on Friday. September consumer sentiment index jumped to 79.2, up from 74.3 in the prior month.

Fri, 14 Sep 2012 17:08:53 GMT

German stocks climb on Fed decision

German stocks surged on Friday as market sentiment was boosted by Fed's announcement about the new round of QE. The Fed reported that it will spend USD40 billion monthly to purchase mortgage-backed securities to stimulate faltering economic growth. The German DAX Index added 1.50% to trade at 7,414.47. Eight out of nine business sectors included in the index advanced. The

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