Global equities fall to lowest since 2007

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Source: Reuters
Global stocks dropped on Friday trading session with the world-wide index falling for the third straight day extending its losing streak to the longest one in four weeks as investors' risk appetite worsen after economic data from Europe. The MSCI world-equity index slipped as much as 0.2% to a level of 418.24, the least since November 2007.

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Fri, 16 May 2014 14:27:03 GMT

U.S. Dollar falls as 10-year yields drop

The Dollar weakened on Friday trading session falling towards the lowest level in two months against the Japanese Yen and it was set to post the largest weekly drop since April as U.S. government bonds increased. The so-called Greenback was last seen at 101.385 yen, near a 2-month trough of 101.31 yen, and it traded at $1.3695 against the Euro.

Thu, 15 May 2014 10:36:05 GMT

Eurozone GDP growth decreases to 0.2% as several economies shrink

Economic development in the Eurozone surprisingly slipped to a moderate 0.2% advance in the January-March quarter of this year, down from a 0.4% forecast. While German economy showed a significant GDP increase, other major economies, such as France, Italy, the Netherlands and Portugal posted either stagnation or decline, putting pressure on the ECB to start new stimulus measures.

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