Euro Area GDP grew by only 0.2% in Q2 2011

The Euro Area GDP grew by only 0.2% during the second quarter of 2011; this slow paced growth is mainly due to the disappointing growth rate of Germany’s GDP by only 0.1% during the second quarter 2011. During the first…

Oil Prices – Daily Outlook August 16

Crude oil prices started the week with sharp rises that continues the upward trend in recent days. The shift might be related, in part, to the recent rise in the stock market, including the S&P500. Crude oil prices are currently…