Gold falls from 6-week high since investors assess demand outlook

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Source: Bloomberg
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Gold dropped from a six-week high due to investors' evaluation of rally's impact on demand when the Dollar appreciated. The futures of gold for immediate delivery fell 0.2% to $1,252.82 an ounce at 9:49 a.m. after reaching $1,265.35 yesterday, the strongest level in six months. Gold's 12-year appreciation ended in 2013, when the Fed decided to reduce its unprecedented monetary stimulus, forcing a rally in asset prices, but at the same time failing to boost inflation.

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Tue, 21 Jan 2014 13:32:50 GMT

European stocks advance to highest level in six years

European shares gained to a six-year high, as Unilever led food and beverage producers higher. The Stoxx Europe 600 Index added 0.3% to 336.56 as of 11 a.m. London time, making it the highest level in approximately six years. It is expected that the profits among Stoxx 600 companies will raise 13.4% on average in 2014, after 5.3% decline last

Tue, 21 Jan 2014 11:58:09 GMT

Unilever profit grows as sales advance in emerging markets

Unilever NV, the Anglo-Dutch multinational consumer goods company, reported on Tuesday an increase in fourth-quarter sales, beating economists' forecasts, while the emerging markets continues to rebound. Revenue rose 4.1%, as the quantity of products sold added 2.7%. Today, Unilever NV equities are surging 3.85% to 29.95 euro per share by 11:40 GMT in Amsterdam.

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