DAX 30 rallies on the first trading day

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Source: Marketwatch
On Tuesday German stocks led the gains in European markets fuelled by modestly better than expected manufacturing data as German PMI rose from 47.9 in November to 48.4 in December. German DAX opened 1.45% higher at 5,983.74 and extended its gains during day climbing 2.11% to 6,023.58. Among winning stocks was Siemens AG adding 2.09%, drug producer Bayer AG advancing 2% and chemicals manufacturer BASF SE surging 2.1%.
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Mon, 02 Jan 2012 15:12:01 GMT

US hiring probably rose in December

Hiring in US probably advanced in December extending increase for a second straight month, said economists questioned by Bloomberg. According to median forecast, payrolls soared to 150 000 in December compared to 120 000 in November. Labor Department will issue data on January 6. However, report may also depict a slight increase in jobless rate, predict analysts.

Mon, 02 Jan 2012 16:44:39 GMT

Europe leaders expected difficulties in 2012

European leaders warned that 2012 may be a challenging year as many experts predict the recession to persist. Angela Merkel said the next year would be the 'most severe check in decades' while France's President Sarkozy claimed the recession is not finished and the President of Italy called for sacrifices needed to combat the crisis.

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