German PMI experienced moderate gains

Note: This section contains information in English only.
Source: Marketwatch

German PMI increased slightly in December. The Markit Flash Germany Manufacturing PMI edged up to 48.1 in December as compared to 47.9 in previous month. The Markit's Germany Composite Output Index, gauge of private sector activity also advanced to 51.3 from 49.4 in November. The increase is inspiring but it cannot rescue the economy severally impacted in Q4, said Tim Moore, senior economist at Markit.

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Thu, 15 Dec 2011 13:57:29 GMT

Japan's market sentiment became pessimistic

Japan's market sentiment looks pessimistic amid strong yen and European woes, according to Tankan survey. The sentiment of large manufacturers declined to minus four from plus three since September, reported the Bank of Japan. Experts claim the sentiment may slide further in case the yen gets firmer and Europe's crisis continues.

Thu, 15 Dec 2011 10:31:12 GMT

European stocks open slightly higher

European share markets opened modestly higher on Thursday. Stoxx Europe 600 index added 0.2% to 232.96, French CAC 40 index traded flat at 2,976.19 whereas German DAX 30 index climbed 0.4% at 5,696.40. UK's FTSE 100 index ascended 0.2% reaching 5,377.84. Recovery was mainly led by financial stocks. 

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