Asian shares advance as China's economy matches estimates

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Agence France-Presse
Asian shares gained, with the regional MSCI Asia Pacific excluding Japan Index rising for the fourth day out of last five, after data showed that economy in China grew 7.5% in the year's second quarter, matching forecasts. The MSCI Asia Pacific excluding Japan Index climbed 0.2% to 439.95 at 2:31 p.m. Hong Kong time and it has slipped 5.8% this year to date.
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Mon, 15 Jul 2013 09:08:05 GMT

European shares gain as China GDP in line with expectations

European stocks advanced as Chinese second quarter economic expansion data came in line with expectations. The European Stoxx 50 inched up 0.59% to 2,690.67 and the German DAX jumped 0.61% to 8,263.52. The French CAC 40 increased 0.76% to 3,884.39 and the U.K.'s FTSE 100 climbed 0.74% to 6,592.30.

Mon, 15 Jul 2013 08:23:05 GMT

Euro moderately lower as U.S. Dollar rebounds

The Euro block's currency was slightly lower as the U.S. Dollar rebounded after declining last week on Ben Bernanke's comments about maintaining bond purchases. The Euro retreated 0.14% to $1.3047 before the U.S. releases data today. The common currency remained steady at £0.8647 against the Sterling and at ¥129.66 versus the Yen.

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