Good news for Eurozone as economies are growing, though it continues to be slow: Germany, the largest economy in Europe, grew by 0.1% and France by 0.3%. The UK, however, is racing ahead with 0.7% growth. It should mean we avoid falling into a triple-dip recession.
Oil prices hit a four year low, priced at $77 a barrel. The prices don’t look like they’ll rise anytime soon, but it’s unlikely the consumer will feel any savings at the pump as the pound is currently weak against the dollar.
Twitter shares dropped by 5% last night as Standard and Poor downgraded them to “junk” shares as, despite growth, the company is spending heavily. However, what affect this will have on the company is unknown and it may make little difference at all.