German overseas sales unexpectedly advance in April

Note: This section contains information in English only.
Source: RTT News
© Scanpix\Agence France-Presse
German overseas sales unexpectedly increased  in April, adding to signs the economy potentially will continue to improve in the second quarter. The Bundesbank today cut German economy's growth forecast for the year 2013 and 2014 on extended structural issues in the Eurozone. The exports increased 1.9% in April following a gain of 0.5% in March.
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Fri, 07 Jun 2013 10:50:10 GMT

Oil prices little changed before the U.S. employment data

Crude-oil futures were taking a breather after gains on Thursday, as the U.S. employment data may influence the outlook for the Fed's stimulus programme. Oil prices for July delivery were little changed, reaching $94.78 a barrel. The decline of the U.S. Dollar is helping oil and other dollar-denominated commodities making them cheaper to holders of other major currencies.

Fri, 07 Jun 2013 10:05:40 GMT

Japan's Yen advances, but U.S. Dollar and Euro remain flat

The Japan's currency climbed higher on Friday morning trading as Tokyo ruled out intervention, however most currency pairs outside the Asia headed sideways before the U.S. employment data for May. The U.S. currency dropped to 96.49 against the Yen, after reaching a low of 95.88 per Yen yesterday. 

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