Euro stocks increase following Fed incitement speculations

Note: This section contains information in English only.
Source: Bloomberg
European stocks rose following expectations about possible Ben S. Bernanke, Fed Chairman, hints about further encouragement at his semi-annual statement to Congress. CSR Plc plundged 36%; L`Oreal SA increased 1.4%; Alcatel-Lucent SA rose 12%. The Stoxx Europe 600 Index benefited less than 0.1%. The benchmark measure has accessed its seventh gains' week. Asian shares and U.S. index futures also climbed.
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Tue, 17 Jul 2012 10:14:12 GMT

Japan reduces short-term securities interest rate

On Tuesday, July 17, the Bank of Japan reduced 0.1% interest rate for ten-year government bonds that have less than a year until maturity. This rather technical action is intended to stimulate easier purchasing at market operations. Japan decided not to stimulate the economy as its peers do, but rather rely on robust national demand.

Tue, 17 Jul 2012 09:52:13 GMT

Greece might not recover within the Eurozone

The situation in Eurozone worsens and unemployment rises, exceeding 11%. The European Union continuously forces Greece to introduce more austerity measures. The country already cut public spending significantly, trying to deal with budget deficit. However, the economy continues to contract and the country could soon become unsustainable. The output for 2012 is likely to fall by 7-9%, while in the following year contraction might amount

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