DJ DATA SNAP: German May Indus Output -2.4% MM, +0.8% YY
German industrial production fell 2.4% in May in seasonally adjusted terms, bucking market expectations for a rise, data from the Federal Economics Ministry showed Monday.Rok kalendarzowy straconych złudzeń...
German industrial production fell 2.4% in May in seasonally adjusted terms, bucking market expectations for a rise, data from the Federal Economics Ministry showed Monday.
An early afternoon sell-off for financials, particularly Freddie Mac and Fannie Mae, sent U.S. stocks into the red Monday, erasing all of the morning's positive moves.
European stocks fell sharply Tuesday, fueled by fears that more pain in the financials sector will bleed into other asset classes.
The euro-zone economy grew slightly less rapidly in the first quarter than previously estimated, the European Union's statistics agency Eurostat said Wednesday.
Crude oil futures traded briefly more than $2 higher in London Wednesday as the market rebounded after a record-breaking sell-off in the previous session and news of missile testing in Iran also lent support.