Europe can become global growth locomotive

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Barclays Plc bank experts point out that Europe's recovery can boost global economic growth, as the research has shown that a 1% advance in European economy make 33 out of 39 large economies to rise as well. Moreover, the European impact on global economic growth in three times bigger than U.S. effect, as the whole European economy is bigger and it has more trade links with other countries than the U.S. have.
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Fri, 27 Sep 2013 11:01:05 GMT

Asian shares headed for monthly advance

Asian shares are set for the biggest monthly climb in three years after U.S. unemployment claims dropped surprisingly and Japan's inflation picked up the most since 2008. The MSCI Asia Pacific Index added 0.3% to 140.89 at 2:21 p.m. Hong Kong time and the gauge has risen 8% monthly, reaching the highest level in four months.

Fri, 27 Sep 2013 10:39:03 GMT

European shares little changed

European shares were little changed before Eurozone's confidence data that are awaited by investors. The Stoxx Europe 600 Index gained 0.1% to 313.24 as of 8:27 a.m. London time; however, the equity-benchmark has fallen 0.3% weekly on worries that U.S. lawmakers could fail to approve the new budget for upcoming financial year.

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