Euro remains higher following unemployment report, Fed expected

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Source: WBPonline
© Scanpix\AFP
The Euro inched up versus the U.S. Dollar on unemployment report from the Euro block, as investors await the conclusion of the Federal Reserve meeting. The common currency advanced 0.18% to $1.3286 versus the greenback and jumped 0.35% to 0.8734 against the Sterling. Euro area's unemployment rate remained flat at 12.1% in June.
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Wed, 31 Jul 2013 11:57:10 GMT

Stocks in Europe rise before Fed's decision

Stock prices in Europe rose together with U.S. equity futures before the Fed announces its decision on monetary policy. The Stoxx Europe 600 Index jumped 0.2% after falling 0.5% earlier today. S&P 500 future contracts gained 0.2%. The Fed might start tampering its stimulus program if the country's economy meets expectations.

Wed, 31 Jul 2013 11:35:15 GMT

Stocks in Switzerland little changed

Swiss shares were little changed, with the regional benchmark SMI set for the biggest one-month advance since March, as U.S. economic-growth report and the Fed's statement are awaited by investors. The SMI fell 0.1% to 7,803.73 as of 10:21 a.m. Zurich time, after dropping 0.6% earlier, while the Swiss Performance Index slid 0.1% today.

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