Pound gains on U.K. house price data

Note: This section contains information in English only.
Source: Bloomberg
The British Pound slightly appreciated to $1.5235 in the very early morning of London trading session on Monday. The Sterling reached the highest level versus the U.S. Dollar since February, as macro data indicated that U.K. house prices advanced by 0.3% in March and that was the best performance in three years.
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Mon, 25 Mar 2013 12:04:06 GMT

European equity advances on Cyprus bailout deal

The Stoxx Europe 600 Index rose by 0.8% to 296.44 points in early London trading session on Monday. The gauge recovered from a last week's 1.1% drop. Investors were willing to purchase European equity, as Cyprus reached an agreement with international lenders on a bailout package. This deal will bring more certainty in capital markets and sharply reduce the risk of Cyprus

Mon, 25 Mar 2013 12:59:10 GMT

S&P 500 paired second drop on a week on Friday

U.S. equities gained on Friday, yet posting the second weekly decline in 2013 for the S&P 500 Index, as optimism on Cyprus' ability to come up with a bailout plan rose and Nike Inc. and Tiffany & Co. data release on corporate earnings topped analyst estimates. The S&P 500 Index climbed 0.7% to 1,556.89 on Friday. All sectors in the

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