Euro stays firm on amid German data before ECB

Note: This section contains information in English only.
Source: Reuters
© Scanpix/AP
The 17-nation bloc currency swung between gains and losses on Thursday after a favourable government data from the Europe's largest economy, Germany, signaled that the European Central Bank may keep its interest rates unchanged on today's meeting. The Euro traded at $1.3520 after falling to $1.3548 yesterday, while it rose to 133.30 yen.

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Thu, 07 Nov 2013 07:54:03 GMT

ECB faces interest rate cut decision today

The European Central Bank will most likely to maintain its benchmark interest rates unchanged on today's policy meeting waiting for a result of an inflation report, when the last euro-area inflation recorded 0.7% in October, shy of a 2% target. The ECB's 23-man Governing Council last cut its rates in May, when it lowered the interest rate by 25 basis

Thu, 07 Nov 2013 07:32:03 GMT

U.S. stocks rise on Microsoft and European data

Shares traded on Wall Street gained on Wednesday pushing the Dow Jones index to its new historical high mainly due to a notable increase of Microsoft Corp and favourable economic data from Europe, while the S&P 500 stayed below its all-time high. The S&P 500 Index added 0.43% to 1,770.49, the Dow Jones industrial average jumped 0.82% to 15,746.88 and

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