Sterling falls slightly against U.S. Dollar

Note: This section contains information in English only.
Source: Bloomberg
The British Sterling fell slightly versus the greenback and the shared currency before the U.K. construction data report, which is expected to show a  decline in construction output, according to economists. The British currency was at $1.5304 as of 7:48 a.m. in London after touching $1.5376 on Monday, the most in more than three weeks, while the Pound traded at 85.34 pence per Euro.
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Tue, 04 Jun 2013 08:43:52 GMT

European shares advance after Lockhart's speech

European shares gained, bouncing off a four-week low, as Atlanta Fed's Lockhart backed the Fed's stimulus. The Stoxx Europe 600 Index advanced 0.7% to 300.57 as of 8:04 a.m. London time. The benchmark index dropped to the lowest level in four weeks amid bets the Fed will reduce the stimulus. The Stoxx jumped 1.4% in May, making it the 12th

Tue, 04 Jun 2013 08:41:02 GMT

U.S. shares gain after Fed official statement

U.S. shares advanced, with the Standard & Poor's 500 Index reversing the earlier declines, after the Atlanta Fed's President Dennis Lockhart said the central bank is committed to its stimulus. The S&P 500 advanced 0.6% to 1,640.42 as of 4 p.m. in New York, while the Dow gained 138.46 points to 15,254.03. The S&P 500 dropped 1.1% previous week.

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