Cable little changed after U.K. inflation report

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Source: Forexpros
© Scanpix/Reuters
On Wednesday the Cable was little changed versus the U.S. counterpart, hovering close to a 2-month low, following the BoE announcement that it raised its short-term inflation forecast. GBP/USD hit a session high of 1.5901 and later consolidated at 1.5869, which was a 0.01% decline for the European afternoon trading session.
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Wed, 14 Nov 2012 15:43:50 GMT

Hong Kong stocks rallied, supported by metal producers

Hong Kong equities erased previous losses on Wednesday, supported by strong gains in metal producers. China's government stated that the country will resume stockpiling metals in order to boost physical metals' prices. At the same time, looming US fiscal battles and a delay in Greek bailout decision created heavy pressure on Hong Kong blue chips. The Hang Seng Index soared

Wed, 14 Nov 2012 20:54:41 GMT

European stock lower on Greece

On Wednesday European stocks were traded lower, the market sentiment was determined by uncertainty over if Greece is going to receive financial aid soon. During European afternoon trading hours, the Euro Stoxx 50 decreased by 0.43, French CAC 40 also lost 0.43%, while the German DAX 30 fell by 0.35%.

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