Euro climbs as German Ifo improves

Note: This section contains information in English only.
Source: WBP Online
The shared currency advanced advanced 0.25% against the U.S. Dollar after the largest economy in Europe, reported the GDP and upbeat Ifo data. The German GDP expanded 0.3%, thus having slower growth, than compared to the last quarter of 0.7% growth. The Ifo business climate index advanced to 112.2 points exceeding the forecasts of 111.5 points. 
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Fri, 22 Nov 2013 14:31:03 GMT

Sterling advance on economist forecasts

The Sterling surged 0.5% against the Australian Dollar, thus reaching the strongest level since July 2010, after the economists forecasted that the next week reports will confirm that Britain's economy is recovering in faster pace. The Pound dropped 0.3% versus the shared currency after the Germany reported improvement in Ifo index.

Fri, 22 Nov 2013 13:44:04 GMT

BOJ monthly report, Japan net exports to see moderate rise

In their most recent report, which came out this Friday at 5:00am GMT, the Bank of Japan stated that it expects its net exports to "increase moderately with some fluctuations". This is backed up by the BOJ's belief of the continuation of an upward trend in industrial production. Overall, the BOJ sees the Japan economy in a state of moderate

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