Gfk Consumer confidence in the U.K. declined unexpectedly

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Source: Forexpros
Gfk NOP reported on Wednesday that its index of consumer confidence in the United Kingdom declined unexpectedly in October. U.K. Gfk Consumer confidence dropped to a level of minus 30 from a preceding month's reading of minus 28. While economists expected that the index would remain unchanged.
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Wed, 31 Oct 2012 09:22:07 GMT

European stocks gain on German data

On Wednesday, European stocks were rising during European morning trading hours, extending yesterday's rally, after the release of data which showed an increase in German retail sales. The Euro Stoxx 50 climbed by 0.64%, French CAC 40 gained 0.58%, while German Dax 30 added 0.63%.

Fri, 02 Nov 2012 09:39:49 GMT

Retail sales in Germany gained more than expected

Destatis reported on Wednesday that Germany's retail sales grew more than expected in September. Retail sales advanced by 1.5% on a seasonally adjusted basis last month, compared to a revised down figure of 0.1% in the preceding month. Economists, however, expected a more moderate increase of 0.3%.

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