Pound gains amid Carney remarks on quantitative easing

Note: This section contains information in English only.
Source: The Guardian
© Scanpix/RS
The pound advanced versus the greenback to $1.6133 Friday morning after the Bank of England Governor stated that increase in bond-buying policy is unnecessary as economic conditions are strengthening. Mark Carney stated that the case for increase in QE is if the U.K. economy stumbles, yet some experts anticipate the BoE will increase stimulus to lower recently risen market rates.
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Fri, 27 Sep 2013 14:18:04 GMT

Eurozone's sentiment rises

Economic sentiment in the Euro bloc rose beating economists' expectations in September, indicating that Euro area is recovering from financial crisis. Executive and consumer confidence index increased for a fifth consecutive month reaching 96.9 compared to previous month's 95.3, according to the European Commission. 

Fri, 27 Sep 2013 11:27:04 GMT

Gold swings as investors speculate on tapering

Gold fluctuated between gains and declines as investors speculated that the Fed might consider starting tapering after U.S. unemployment claims dropped surprisingly. The yellow metal price was little changed at $1,325.81 an ounce as of 2:42 p.m. Singapore time, while the bullion price for December delivery gained 0.2% to $1,326.20 an ounce.

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