German economy slows down Euro zone

Note: This section contains information in English only.
Source: Bloomberg
During the second quarter, Europe's leading economy and growth engine shrank by 0.1%, underperforming Spain for the first time in over five years. The Euro zone is having trouble in increasing growth and inflation. Germany contracted for the first time since 2012. However, Bundesbank expects the German economy to grow 1.9% this year.  
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Mon, 11 Aug 2014 08:38:08 GMT

Crude oil futures fluctuate driven by geopolitical concerns

As investors keep focused on geopolitical tension, both in the Middle East and Ukraine, crude oil futures fluctuated in between losses and gains this Monday. In London, the Brent's delivery for October dropped by 0.09% to 105.53 dollars a barrel. Meanwhile, on the NYSE, crude for September raised by 0.09%, trading at 97.74 dollars a barrel.

Mon, 11 Aug 2014 08:16:09 GMT

Yen retreats from highs as political tensions wane

The Yen declined against the Dollar on Monday as demand for the safe haven asset fell due to lessened geopolitical risk. With Russia ending its military drills close to the border of Ukraine and a new ceasefire starting in Gaza the USD/JPY pair gained 0.1% and was trading at 102.17. Meanwhile, the EUR/USD pair declined 0.1% to 1.3344.

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