Central Bank of Switzerland is ready to conduct currency intervention to support the franc, pointed in Optionova

Swiss National Bank can carry out an intervention that would be able to limit the strengthening of the Swiss franc against the euro, which was due to lower interest rates by the ECB. This is stated in the report of news agency Bloomberg.  

Date of publication: Fri, Sep 05 2014 08:34 GMT+4 Read more
Industrial production index fell by 0.3% in the Eurozone

Industrial production in the European countries of the currency bloc decreased by 0.3% by the end of June 2014 if compared with the May figure, however, it maintained its volumes in annual terms, after an increase by 0.6% during the previous month. This is stated in the report of the Eurostat experts. 

Date of publication: Wed, Sep 03 2014 11:11 GMT+4 Read more
Greece can not get out of recession

The Greek economy decreased by 0.2% in the second quarter of 2014 against the same period of 2013. This is stated in the report of the Statistical Office of Greece.
Reduction in the level of GDP is observed 24 consecutive quarters, but slowed considerably since the first quarter of this year, being less than experts had predicted. According to some data, the decline of the economy was revised upwards from 0.9% to reach 1.1% in the first quarter, while the drop of 0,5% was expected from April to June.
 

Date of publication: Wed, Sep 03 2014 11:07 GMT+4 Read more
They predict in Moody’s the growth of world economy by 2,8%

It is told about moderate growth pace of the world’s economic indices in the forecasts from the IA Moody’s Investors Service, which is engaged in credit ratings assigning, risk analysis as well as research work 

Date of publication: Tue, Sep 02 2014 11:03 GMT+4 Read more
Confidence in the German economy from investors fell from 27.1 p. to 8.6 p.

Expectations of investors and economists regarding German economy have deteriorated over the next six months, and this month the index of business confidence fell to the lowest level of December 2012. These data were presented by the research institute ZEW. 

Date of publication: Tue, Sep 02 2014 11:01 GMT+4 Read more
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