German factory orders advanced more than predicted in March

Note: This section contains information in English only.
Source: Bloomberg
Europe's biggest economy's factory orders accelerated more than estimated in March as the demand from countries outside Euro region relieved the negative effect from debt turmoil. Adjusted factory orders climbed 2.2% in March compared to previous month. Economists questioned by Bloomberg expected only a 0.5% gain. On yearly basis, however, factory orders have declined 1.3%.
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Mon, 07 May 2012 19:03:02 GMT

Japan shuts down last nuclear reactor

Worlds third largest economy, which used to derive almost one third of its energy from nuclear sources, stopped its last nuclear reactor on saturday evening. Japan's government admits it won't manage to keep up with increasing demand for fossil fuel and promises to present clear energy policy this year.  

Mon, 07 May 2012 18:52:03 GMT

Euro weakens after French and Greek elections

Euro weakens for sixth consecutive day after French elected Socialist Francois Hollande for their new president and Greeks chose three new parties into their parliament. Single European currency lost value against 15 major pairs and EUR/USD dropped below 1.30 for the first time after mid-April.

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