Japan manufacturing PMI gained in December

Note: This section contains information in English only.
Source: Reuters
Japanese manufacturing activity strengthened in December, showing that domestic demand is strengthening after the economy slipped into a recession last year due to April's sales tax hike. The Markit Manufacturing PMI stood 52.0 in December, namely at the same level as in November.
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Wed, 07 Jan 2015 16:07:14 GMT

Euro zone prices drop, prompt ECB to act

Euro Zone CPI declined more than estimated due to sliding oil prices, which may in turn stimulate the European Central Bank to start the government bond buying programme. The Euro zone's price level deflated 0.2% in December, compared to a 0.3% increase a month earlier. The price growth entered the negative territory for the first time since October 2009.

Wed, 07 Jan 2015 14:53:19 GMT

GBP/USD declines to a 17-month low on poor UK PMI

On Wednesday the Sterling slid to a new low for the past 17 months versus the US Dollar, as concerns over Greece exiting the Eurozone persisted along with poor UK data. GBP/USD hit 1.5115, the lowest since 2013, amid Yesterday's weak PMI data. UK PMI was lower than expected, dropped from 58.6 to 55.8, and met expectations that the Bank

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