Factory orders in Germany continue their decline

Note: This section contains information in English only.
Source: Bloomberg
Germany's factory orders decreased unexpectedly in February, adding concerns that the European economy is still far from a recovery. Factory orders for February dropped 0.9% on a monthly basis, defying economists' expectations for a 1.5% gain. Meanwhile, in January the orders posted a 2.6% fall, which was revised from a 3.9% decrease.
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Thu, 09 Apr 2015 08:02:06 GMT

BoJ Governor expects Japanese economic recovery due to strong stimulus

Bank of Japan Governor Haruhiko Kuroda said on Wednesday that the Japanese economy has considerably improved compared to the previous year, when the Central Bank was forced to inject record monetary stimulus. Meanwhile, eight board members of the BoJ voted in favour of continuation of the current measures except one, Takahide Kiuchi, a general opponent of Kuroda's easing programme.

Thu, 09 Apr 2015 07:40:05 GMT

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