European stocks turned green on ECB hopes

Note: This section contains information in English only.
Source: Marketwatch
Investors' confidence was improved by hopes the ECB will take bold actions and  the world's second largest economy will ease it's monetary policy. The European Stoxx 600 Index jumped 0.3% to 272.27, after losing 0.5% on Monday.  At the same time, U.K.'s FTSE 100 Index added 0.3% to 5,842.57, Italian FTSE MIB Index soared 1.7% to 15,228.73, while German DAX 30 Index and French CAC 40 rose by 0.5% and 0.7% respectively.
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Tue, 21 Aug 2012 21:28:48 GMT

Single currency rocketed on ECB hopes

The Euro rocketed on Tuesday, August 21, as the optimism over bold ECB action to stem the 17-member bloc's debt crisis grew. The shared currency soared 1.03% to $1.2472. At the same time, the ICE Dollar Index erased 0.68% to 81.9. Moreover, better-than-expected Spain debt auction boosted the Euro as well, with Spain selling 4.51 billion euros of 12- and 18-month bonds.

Wed, 22 Aug 2012 13:16:57 GMT

Japan all industries activity Index added less-than-expected

Japanese economic ministry released its all industries activity index for June on Tuesday, where the reading came 0.2%, mismatching expectations, compared with a previous reading of -0.2% in the previous month. Meanwhile, analysts were expecting growth of 0.3%. Index is a leading indicator of nation's economic health, and may signal the future direction of economic activity.

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