Sign into fxTrade

Don't have an account? Register now

German economic recovery falters

The German economy failed to grow at all in the last three months of the year, with GDP unchanged compared with the previous quarter.
Meanwhile, France reported a 0.6% rise in GDP for the same three-month period – better than analysts expected.
Figures also showed the eurozone economy grew 0.1% in the same quarter.

This represents a slowdown in the economies of the 16-nation zone, which grew by 0.4% between July and September last year.
Official first estimates indicated that the Italian economy shrank by 0.2% after growing by 0.6% in the previous quarter.
They also showed that Spain and Greece remained in recession, with the Greek economy contracting by 0.8%.

BBC

Recent Articles

Posted by Staff at 7:27 am UTC, 05/23/2012
Posted by Dean Popplewell at 6:36 am UTC, 05/23/2012
Posted by Dean Popplewell at 6:36 am UTC, 05/22/2012

Forex Insights »

Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 4:14 pm UTC, 05/22/2012
Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 1:27 pm UTC, 05/22/2012
Leave a Comment

Latest Articles

Posted by Staff at 7:27 am UTC, 05/23/2012
Posted by Dean Popplewell at 6:36 am UTC, 05/23/2012
Posted by Dean Popplewell at 6:36 am UTC, 05/22/2012
Forex Rates
Interest Rates

Some of OANDA's currency tools require Adobe's Flash Player.

May
23
Today’s Global
Market Events
All Day

EUR
EU Economic Summit
8:30am

CAD
Core Retail Sales m/m
0.5% vs. 0.5%
CAD
Retail Sales m/m
0.4% vs. -0.2%
CAD
Leading Index m/m
0.3% vs. 0.4%
10:00am

USD
New Home Sales
335K vs. 328K
USD
HPI m/m
0.4% vs. 0.3%
10:30am

USD
Crude Oil Inventories
0.8M vs. 2.1M
6:45pm

NZD
Trade Balance
400M vs. 134M
10:00pm

NZD
Annual Budget Release
10:30pm

CNY
HSBC Flash Manufacturing PMI
49.3