Market information

Thursday, September 09, 2010

Wednesday, the Federal Reserve reported in the Beige Book that the economic growth in the United States continues, but shows signs of slowing down. The report is based on twelve regional offices of the Fed. According to five of these districts, the Fed economic growth is at a moderate pace, while five other districts report mixed conditions or an economic slowdown. The remaining two districts reported a positive development.

Ten of the largest financial institutions in the Netherlands will test their products on the interests of their customers, Theodor Kockelkoren, member of the Board of the Netherlands Authority for the Financial Markets. The AFM wants compensation for the damage of these products to the customers. Theodor Kockelkoren wants the first results of the investigation next year.

Wednesday, figures from the German Ministry of Economic Affairs shows an increase of the industrial production on monthly basis in June. The industrial production in Germany rose by 0.1% on monthly basis, economists expected an increase of 1.0%.

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