Germany's retail sales rose in March

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Source: Bloomberg
Germany's retail sales recovered in March due to dropping unemployment and higher salaries which stimulated consumers' purchasing power. Adjusted sales climbed 0.8% in March, following a 0.9% drop in February. Economists questioned by Bloomberg predicted a gain of 1%. On yearly basis retail sales have accelerated 2.3%. 
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Mon, 30 Apr 2012 08:27:43 GMT

US stocks climb on earnings

US shares edged higher on Friday boosted by strong earnings reports which managed to offset disappointment about weaker quarterly GDP data. S&P 500 index gained 0.24% or 3.38 points and closed at 1,403.36, Dow Jones Industrial Average index added 0.18% or 23.69 points to 13,228.31, while Nasdaq Composite climbed 0.61% or 18.59 points and finished at 3,069.20.

Mon, 30 Apr 2012 08:16:43 GMT

Home prices advanced in UK in April

UK home value accelerated in April, the second straight month, Hometrack Ltd said on Monday. The home prices added 0.1%, following a 0.2% gain in March. UK housing market received a short-term stimulation from tax holidays for first-time home buyers. Hometrack predicts the advance is not likely to prolong as demand does not meet supply. 

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