European stocks gain on U.S., China

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP
On Thursday, European stocks were advancing on reports that showed an increase in U.S. employment and a rebound in China's manufacturing. The Stoxx 600 added 0.7% to a level of 272.09 by 1:14 p.m. London time. Earlier, the index was also gaining during the five previous trading sessions.
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Thu, 01 Nov 2012 16:10:07 GMT

U.S. non-farm productivity climbed 1.9%

The U.S. Bureau of Labor Statistics reported on Thursday that U.S. non-farm productivity increased more than expected during the last quarter. Non-farm productivity added 1.9% on a seasonally adjusted basis in Q3, unchanged from a revised down figure of 1.9% growth in the preceding quarter. Economists expected a 1.6% gain.

Fri, 02 Nov 2012 09:39:49 GMT

Retail sales in Germany gained more than expected

Destatis reported on Wednesday that Germany's retail sales grew more than expected in September. Retail sales advanced by 1.5% on a seasonally adjusted basis last month, compared to a revised down figure of 0.1% in the preceding month. Economists, however, expected a more moderate increase of 0.3%.

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