Pound stable as U.K.'s economic expansion exceeds estimates

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Sterling was almost unchanged against the greenback and Euro as U.K.'s 0.7% economic growth was stronger than initially expected 0.6%. The British currency traded at $1.5584 at 12:13 p.m. in London after depreciating 0.5% yesterday, while the Pound was at 85.70 pence per Euro. The 10-year gilt yield added 0.02 percentage point to 2.74% following a 2.76% increase yesterday.
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Fri, 23 Aug 2013 13:21:39 GMT

Copper gains on recovery indications and falling inventories

Copper advanced in London, reducing a weekly fall, amid signals global economies are recovering and amid the largest declined in supplies of the copper in about a year. Copper for settlement in three months gained 0.4% to $7,352 per metric ton, while copper for settlement in December increased 0.5% to $3.3523 per pound.

Fri, 23 Aug 2013 13:21:51 GMT

Emerging stocks rise with currencies

Emerging-market stocks advanced after a seven-day decline and currencies from Turkish Lira to India's Rupee regained. The MSCI Emerging Markets Index added 0.8% to 929.17 as of 7:06 a.m. New York time, decreasing this week's loss to 3%. The Stoxx Europe 600 Index soared less than 0.1%, while S&P's 500 Index futures dropped 0.1%.

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