Sterling advances amid speculation U.K. growth gains pace

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Pound appreciated versus the Greenback for a fourth straight day before a GDP report to be released next Friday, which analysts expect to show that the country's GDP grew faster than expected in the second quarter. The currency advanced 0.2% to $1.5257 as of 1:40 p.m. London time, adding to this week's gain to 1%. Against the common currency it rose 0.1% to 86.02 pence per euro.
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Fri, 19 Jul 2013 14:41:05 GMT

U.K. equities decline from a 7-week high as ARM falls

U.K. stocks dropped from a 7-week high after Microsoft Corp. and Google Inc. showed worse-than-expected earnings in the second quarter. ARM Holdings Plc that designs chips for Google's software devices fell 2.7% to 896.5 pence. The company's half-year earnings will be published on July 24. The FTSE 100 gauge slipped 0.5% to 6,604.06 as of 1:55 p.m. London time.

Fri, 19 Jul 2013 14:30:06 GMT

Canadian Dollar little changed after report on inflation

Canadian Dollar was little affected by the country's inflation data released today. The Consumer Price Index climbed 1.2% from year ago following a 0.7% increase in May, according to Statistics Canada report. The loonie rose 0.05% to C$1.0381 versus the greenback after the report was published. Against the Euro, the Dollar declined 0.11% to C$1.3620.

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