Euro zone GDP grows 0.3% in Q2

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Source: Investing.com
The Euro zone's economy expanded 0.3% on a seasonally adjusted basis in the Q2, down from last quarter's 0.6% hike, but in line with analysts' expectations. On an annual basis, the region's GDP grew 1.6%, meeting projections. After the release, the Euro was trading at 1.1163 against the US Dollar, 115.40 against the Japanese Yen and 0.8370 against the British Pound on the LSE.




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Tue, 06 Sep 2016 12:19:03 GMT

German factory orders disappoint in August

German factory orders grew less than expected in August, official figures revealed on Tuesday. According to the German Federal Ministry of Economics and Technology's report German factory orders jumped to a seasonally adjusted 0.2% in August from July's upwardly revised drop of 0.3%. Meanwhile, market analysts expected the country's factory orders to rise 0.5% in the reported month.

Mon, 05 Sep 2016 14:45:03 GMT

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