DAX gains amid solid data from Germany

Note: This section contains information in English only.
Source: WBP Online
European stocks closed with considerable gains today amid upbeat GDP and inflation data from Europe's biggest economy. German DAX 30 index jumped 0.40% to settle at 11,257.15 points. The Euro Stoxx 50 index added 0.023% to 3,582.79, the French CAC index inched 0.58% higher to 5,046.42, while the London FTSE 100 finished 0.57% higher at 6,668.87 points.
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Fri, 31 Jul 2015 08:50:05 GMT

Crude prices slide amid oversupply concerns

Oil futures declined on Friday on worries over strong global supply, despite the OPEC's attempts to salvage the situation. The New York-traded WTI futures slid 0.9% to $48.07 a barrel, while the London-traded Brent Crude fell 0.8% to $52.88 a barrel by 7:20 AM GMT. OPEC believes that due to growing demand,even if the supply remains unchanged, oil prices might not

Thu, 30 Jul 2015 16:14:04 GMT

Kiwi drops amid Wheeler's view of currency and US labour market assessment

The Kiwi slid on Thursday amid the comment of Reserve Bank of New Zealand Governor Graeme Wheeler that the local currency should depreciate and amid the Fed's positive evaluation of the United States labour market. The New Zealand Dollar fell to $0.6639 from midday's $0.6662 and $0.6698 yesterday. The trade-weighted index slipped from 71.31 to 70.74 points. 

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