MICEX keeps falling as U.S. warns Russia on more sanctions

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Source: Bloomberg news
The Russian benchmark MICEX Index fell as much as 1% at 10:27 a.m. in Moscow, as the U.S. threatened Putin to impose more sanctions over Russia's invasion in Ukraine. The benchmark gauge has lost 10% so far this year. Today the standoff between U.S., European Union and Russia will be discussed in the G20's spring meeting.


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Fri, 11 Apr 2014 08:54:04 GMT

European stocks head for a fourth straight weekly drop

European stock markets traded firmly in red for a second straight day, with the benchmark gauge approaching its biggest monthly plunge in one month tracking losses in American and Asian stock markets. The Stoxx Europe 600 slumped 0.9% to 330.57 points by 8:28 a.m. in London to post a weekly decline of 2.5%.

Fri, 11 Apr 2014 08:03:03 GMT

Gold heads for a second weekly gain

Gold was set to post another weekly increase on Fed's minutes which showed that projections for an increase in the borrowing costs might be overstated. Gold climbed this week after Ukraine continued its security operations in the eastern cities. Gold for immediate delivery was trading at $1,320.14 an ounce by 2:20 p.m. in Singapore, up from $1.318.95 the day before.

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