Flash: US political gridlock continues to take centre-stage - BTMU

Derek Halpenny, European Head of Global Markets Reserach at the Bank of Tokyo Mitsubishi UFJ notes that the political gridlock in the US continues to take centre-stage which makes it easy to forget that negotiations on the composition of the next German government continues.
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EMU: Another quarter of positive GDP growth in Q2

On a quarterly basis Eurozone GDP grew for the second consecutive month by 0.3% in Q2, following a 0.3% rise registered the previous quarter, according to data released today by Eurostat.
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