Wholesale inflation in Germany expands at the weakest pace in February

Note: This section contains information in English only.
Source: RTT News
German wholesale price inflation rose at the slowest pace in eight months in the month of February despite a 14.1% growth of grain, seeds and animal feeds wholesale prices, the Federal Statistical Office reported on Tuesday. The wholesale price index advanced 1.4% annually following a 2.3% gain in January compared to a 1.6% acceleration initially forecast.

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Tue, 12 Mar 2013 11:34:04 GMT

European equity edges lower ahead data from the U.K.

The Stoxx Europe Index was lower by 0.1% to 294.33 points in the very beginning of trading session in London on Tuesday. European markets were waiting for a manufacturing output data form the U.K., which according to analysts should be unchanged in January, after increasing 1.6% in December. The data will be announced at 9.30 a.m. London time.

Wed, 13 Mar 2013 14:07:46 GMT

AUD/USD retests the 20-day SMA

During Friday's trading session the pair sharply dropped to the weekly PP level at 1.0209, but today the pair has already regained its position and even surged above the 20-day SMA, which is currently located at 1.0257.

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