Japan extends export growth

Note: This section contains information in English only.
Source: Bloomberg
Japanese exports gained for a fourth month in a row in June as the nation's currency declined and that made its products more attractive to consumers and shipments to the EU bounced off. Exports rose 7.4% compared to the previous year, according to the Finance Ministry. Japan's currency has plunged 22% versus the U.S. Dollar over the previous year and that has helped the country to recover.
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Wed, 24 Jul 2013 10:41:04 GMT

Manufacturing data in Europe extended gains in stocks

Factory output in euro zone increased in July, PMI index showed as manufacturing activity in France and Germany reached highest level in several months. The data sent the Euro to the highest point against the Dollar in a month and sustained stock market growth. MSCI's world equity gauge climbed 0.1%, while Germany's bond futures slid 0.3%.

Wed, 24 Jul 2013 09:52:07 GMT

China's manufacturing contracts

Manufacturing in China shrank by more than expected in July, preliminary survey shows. It casts doubt on whether the government can achieve its growth target. The gauge of 47.7 is expected, the lowest in almost a year, where 50 is dividing line between expansion and contraction. The report came after China's authorities vowed to protect 7.5% growth.

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