German Consumer Price Inflation falls

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Source: The Wall Street Journal
According to Destatis, German annual inflation fell to its lowest level since December 2010, falling from 2.1 % in April to 1.9 percent in May, with decline in oil prices being the reason for decreasing CPI. The figures published on Tuesday may increase pressure on the ECB to consider new measures to stimulate Eurozne's economy, amid Greece political standoff and concerns over Spain's banking system. 
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Wed, 30 May 2012 08:21:05 GMT

US shares jump on Greek polls and news from China

US equities experienced a successful session on Tuesday despite a drop in consumer confidence. US investors returned from holiday and anticipated new from Greek polls and China's intention to implement monetary stimulus. S&P 500 index added 1.11% or 14.60 points and finished at 1,332.42, Dow Jones Industrial Average climbed 1.01% or 125.86 points and closed at 12,580.69. Nasdaq Composite gained

Wed, 30 May 2012 08:10:03 GMT

European shares close slightly higher on China stimulus prospects

European equities ended a rather choppy session mostly in green area as hopes for Chinese monetary stimulus lifted investor sentiment. Stoxx Europe 600 climbed 0.8% and French CAC 40 index rallied 1.4%. Spanish benchmark IBEX 35 kept falling and dropped 2.3% yesterday pushed down by national banks. UK FTSE 100 gained 0.7% and German DAX jumped 1.2% supported by car

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