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Germany: Wholesale Price Index drops 0.2% in April, as expected

FXstreet.com (Barcelona) - German Wholesale Price Index decreased 0.2% in April, following a 0.2% decline in March, Destatis reported on Tuesday. Analysts projected a steeper fall of 0.4%.

On an annual basis German WPI dropped 0.4%, compared with the 0.3% increase and above forecasts of -0.6%.

Forex: EUR/USD little changed after German CPI

The bloc currency kept the 1.3000 figure after German prices have decelerated during April, rising 1.1% on a yearly basis and contracted 0.5% MoM. In the same direction, the HICP rose 1.1% vs. 1.8% in March. Following...
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Japan: Machine Tool Orders drop 24.1% in April

The preliminary Machine Tool Orders released today by the Japan Machine Tool Builders' Association showed a 24.1% decline in April, up from the 26.1% drop registered the previous month.
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