Asian economic leader, Japan posted a merchandise trade surplus of 61.7 billion yen in June, the Ministry of Finance said on Wednesday - bouncing into the black for just the second time in nine months
From Sidney we reporting, Australia Inflation Eases To 13-Year Low, Inflation in Australia slowed in the June quarter to reach its lowest level in 13 years, leaving more room for the central bank to ease monetary policy
Commentary from IMF Says China Faces Significant Downside Risks, The pace of economic activity in China has slowed amid intesifying downside risks, the International Monetary Fund said in a report on Tuesday
Latest economic data German Ifo Business Confidence Deteriorates For Third Month, Confidence among German firms deteriorated for the third successive month in July to the lowest level in more than two years as heightened tensions surrounding the debt crisis weighed on business expectations, more notably in the manufacturing sector, results of a key survey revealed Wednesday
British economic news, U.K. GDP Plunges 0.7% On Broad Based Weakness, this is the details, The U.K. economy contracted at the fastest pace in more than three years due to widespread weakness in construction, manufacturing and services output in the second quarter.
Meanwhile, the gross domestic product was down by a more than expected 0.7 percent sequentially, marking the biggest fall since the first quarter of 2009, preliminary estimate from the Office for National Statistics showed Wednesday. Economists expected a more modest 0.2 percent decline for the second quarter
Economic news from Berlin we reporting, Germany 30-year Bond Yield At Record Low, Germany sold its 30-year debt at a record-low yield at an auction on Wednesday, in a sign that the safe haven demand has recovered. The safe haven appeal of German debt suffered a blow after Moody's downgraded the outlook of the triple A rated sovereign to 'negative' from 'stable' late Monday, pushing the country's 10-year yield higher yesterday
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