Eurozone's sentiment rises

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Source: Bloomberg
© Scanpix/Agence France-Presse
Economic sentiment in the Euro bloc rose beating economists' expectations in September, indicating that Euro area is recovering from financial crisis. Executive and consumer confidence index increased for a fifth consecutive month reaching 96.9 compared to previous month's 95.3, according to the European Commission. 
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Fri, 27 Sep 2013 14:35:05 GMT

German inflation stays flat

German inflation remained flat at the three-month low in September, adding to the case that nation's economy is getting better. Inflation rate was 1.6% and that matched economists' forecasts, also Germany's unemployment rate is near the lowest level in 20 years and these were the main factors why Angela Merkel's party won the recent election.

Fri, 27 Sep 2013 11:38:04 GMT

Pound gains amid Carney remarks on quantitative easing

The pound advanced versus the greenback to $1.6133 Friday morning after the Bank of England Governor stated that increase in bond-buying policy is unnecessary as economic conditions are strengthening. Mark Carney stated that the case for increase in QE is if the U.K. economy stumbles, yet some experts anticipate the BoE will increase stimulus to lower recently risen market rates.

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