European shares fall amid U.S. stimulus worries

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix\AFP
European share markets declined, sending both U.S. and Asian shares lower, as the Federal Reserve lawmakers announced that the bond purchase tapering is likely to start later this year. The Stoxx Europe 600 index contracted 0.5% to 301,99. The FTSE 100 index slipped 0.4% to 6,576.70, while the German DAX 30 index decreased 0.4% to 4,018.06.
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Wed, 07 Aug 2013 11:06:10 GMT

Sterling drops sharply following BoE's Inflation data

The Sterling weakened versus the U.S. Dollar, after the Bank of England released Inflation data, which affects the Monetary Policy Committee decision on its interest rate. The British currency declined dramatically to $1.5204. The official central bank rate remains unchanged at 0.5% and the first rise of the rate is set until late 2015.

Wed, 07 Aug 2013 09:55:06 GMT

Gold falls to lowest in three weeks

Gold declined to a three-week low, retreating for a third straight day, on bets that the Fed will start to taper its monetary stimulus this year as the U.S. economy will continue its recovery. Spot gold slid 0.8% to $1,273.55 an ounce, the lowest in approximately three weeks, and traded at $1,283.28 as of 2:42 p.m. Singapore time, while the

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