France current account deficit expands in June

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Source: RTTNews
France's current account deficit expanded in June after dropping marginally in preceding month, Bank of France reported on Moday. The deficit was EUR 6.3 billion in June up from EUR 4 billion in May. Goods account showed a EUR 6.3 billion deficit, while service account posted a EUR 1.5 billion surplus. Income account stayed steady from preceding month at EUR 2.9 billion surplus.
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Mon, 13 Aug 2012 10:52:29 GMT

Finland wage growth advances in June

Finland's wage growth pace increased notably in June, after a slower growth in preceding month, Statistics Finland reported on Monday. Salaries and wages in the overall economy rose 6.5% on year in June, compared to a 3.6% gain in May. In the first six month of the year overall wages advanced 5.2% from the first half of 2011.

Mon, 13 Aug 2012 12:58:35 GMT

Aussie Dollar falls amid flagging demand for risky assets

The Australian Dollar declined versus almost all of its major peers as global economic downturn curtailed demand for high interest currencies. The Aussie Dollar fell 0.2% to $1.0556 and dropped to 82.63 Yen. The New Zealand Dollar lost 0.2% to 81.17 U.S. cents and 0.2% to 63.53 Yen. 

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