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European markets in positive; Euro higher and Pound down on weak GDP

FXstreet.com (Barcelona) ? European stock markets are going through gains on Friday cheered by better than expected German Ifo Business Climate which has driven the Euro further up in European morning time. In the UK, the Pound has been slammed by the largest GDP slump since 1979.Eurostoxx 50 index gains 0.89% and German DAX Index adds 1.09%, while French CAC Index trades 1.02% above its opening level. In the UK, London FTSE index adds 0.94%.In the macroeconomic front Germain Ifo

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Euro Zone Mar producer prices down 0.7%, -3.1% YoY

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Yen Weaker On Monday After Weaker CGPI

The Japanese yen is weaker on Monday after the corporate goods price index suggested additional downside inflation pressures for the country.According to a report from the Bank of Japan on Monday the Annual Japanese Corporate goods price Index fell 2.2% in March despite expectations for 1.8% contraction and 1.6% decrease the month prior.On the equities side the Japanese Nikkei closed 0.44% lower in the absence of any major economic news, with many of the world's stock markets

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German Zew Economic Expectations Index jumps to 31.1 in May; Euro rises further

FXstreet.com (Barcelona) - German ZEW Economic Expectations Index rose to 31.1 in May from 13.0 in April, which adds reasons to the view that the worst part of the downturn might be over.Economic expectations Index has increased well above the 20.0 reading forecasted by market analysts. The Euro has rallied further on the back of ZEW data reaching some pips below 1.3665 may 14 high.For more information, read our latest forex news.

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European markets open on weak note, Euro and Pound drop from high levels

FXstreet.com (Barcelona) - European markets are going through losses on early trading on the back of a sharp decline in German GDP and speculation that stocks´recent rally has outpaced corporate profits. Euro and Pound have dropped from mid-term highs.Eurostoxx 50 Index drops 1.17% and German DAX Xetra declines 1.31% while the French CAC Index sheds 1.31%. In London, the FTSE Index drops 0.61% in the first hours of trading.On the macroeconomic domain, German GDP has confirmed a 3.8% decline in

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Germany MoM Import Price Index down 0.4% in Mar

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UK RPI drops 0.4% YoY in March; first annual drop since 1960

FXstreet.com (Barcelona) ? Retail Prices Index have dropped in the UK in March for the first time since 1960, while Consumer Prices Index rose broadly in line with expectations, according to National Statistics.UK RPI remained unchanged in March from February, while it dropped at a 0.4% pace since march last year, RPI did not post a year on year decline since march 1960.Consumer Prices Index have increased 02% on the month and 2.9% year on year, broadly in line with

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$ index, still short but get aggressive with stops

FXstreet.com (Barcelona) - In the May 5th email on the $ index, affirmed the short position (sold on April 27th at 85.60), and the market has indeed continued lower, breaking below the March 19th low at 82.65 (to levels not seen since early Jan), on way toward 80.10/20 (50% retracement from the March 2008 low at 70.70) next. Though the downside pattern is still not ?complete? suggesting further downside, the market is nearing oversold after the last few weeks of

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Swiss Producer and Import Prices down a 0.2% in Apr, -3.6% YoY

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Oct 13th - Brc Retail Sales Monitor, Producer Price Index, Us Markets Are Closed

Us markets are closed today08:30 GMT: Producer Price Index - Input. The Producer Price Index Input released by the National Statistics is a monthly measurement of the rate of inflation experienced by the UK manufactures when buying goods and services. It captures changes in the average price of a fixed basket of goods and services purchased by the

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