Euro weakens after French and Greek elections

Note: This section contains information in English only.
Source: http://www.bloomberg.com/news/2012-05-06/euro-drops-equity-futures-fall-on-french-election-jobs.html
Euro weakens for sixth consecutive day after French elected Socialist Francois Hollande for their new president and Greeks chose three new parties into their parliament. Single European currency lost value against 15 major pairs and EUR/USD dropped below 1.30 for the first time after mid-April.

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Mon, 07 May 2012 14:45:32 GMT

German factory orders advanced more than predicted in March

Europe's biggest economy's factory orders accelerated more than estimated in March as the demand from countries outside Euro region relieved the negative effect from debt turmoil. Adjusted factory orders climbed 2.2% in March compared to previous month. Economists questioned by Bloomberg expected only a 0.5% gain. On yearly basis, however, factory orders have declined 1.3%.

Mon, 07 May 2012 14:30:02 GMT

Coffee fell amid favorable weather in Brazil

Agricultural commodities were mixed on Friday as negative headlines from the Euro Zone and US lingered concerns that global demand may weaken.Wheat continued to be pressured by stronger greenback and favorable weather forecasts in the US. However, robust demand from the EU and China may lift the price in the medium-term.Corn advanced on strong US sales, especially to Mexico and

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