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Euro Zone's GDP grows slower than expected in Q1 2016

Note: This section contains information in English only.
Source: WBP Online
Growth in Euro Zone in 2016 first quarter was better than previous quarter, but still lower than estimated previously. On a quarter-to-quarter basis the European economy strengthened by 0.5% and 1.5% compared on a year-to-year basis to same period in 2015. Annual growth was also a 0.1% less than expected.
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13 May 2016

Investors awaiting bullish New York trading session on Friday

Investors prepared for negative trading session in New York on Friday, as most expect fall in US retail sales in April. Futures of equity in New York fell before weekend. Standard & Poor's 500 index decreased 0.4% and moved to 2,050.40 points before market opening. Asian stocks finished days trading lower and European markets moved in the same direction.

13 May 2016

Pound depreciates against US Dollar on Friday

On Thursday, the Sterling appreciated against the Greenback and rallied above the 1.45 dollar level, but fell soon afterwards around 100 pips on Friday. The UK currency lost 0.3% against the Buck and was trading at 1.4413 dollars by 8:45 GMT. Important US data on retail sales, producers' prices and consumer sentiment is due to be released on Friday that

13 May 2016

Italy stays on a steady and slow growth course in Q1 2016

Italian Gross Domestic Product data for last quarter was published on Friday, and the report shows another quarter of steady and slow growth. Last quarter GDP growth was 0.3%, as predicted by analysts, but previous quarter data has been revised and set to 0.2% instead of 0.1% published initially. Italy had 0.3% growth to no growth for past two years.