Nikkei 225 gave up 0.8% on Tuesday

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Source: Dukascopy Bank SA
Japan's Nikkei Stock Average depreciated on Tuesday pressed lower by renewed worries over Spain and growing pessimism ahead of summit. Moreover, Cyprus officially requested bailout. Nikkei 225 index faded 0.81% or 70.63 points settling at 8,663.99. Car manufacturers declined after China signalled it will not add more stimulus to support car market. Honda fell 1.5% and Toyota Motors lost 1.1%. One of leading exporters Sony Corp sank 3% as Japanese Yen became modestly stronger. 

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Tue, 26 Jun 2012 09:21:16 GMT

German consumer confidence to climb in July

Germany's consumer confidence is likely to improve first time in 5 months in July mainly due to the higher wages which may offset the anxiety about debt crisis GfK predicted in its report on Tuesday. The consumer mood index climbed to 5.8 compared to 5.7 in June. Analysts questioned by Bloomberg predicted a drop to 5.6%. Moreover the Bundesbank lifted

Tue, 26 Jun 2012 08:37:17 GMT

S&P 500 tumbled 1.6% on Monday

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