Gold climbs from lowest level in a month

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Source: Bloomberg
Gold advanced form the lowest level in a month as its demand increased and that encouraged investors to close their positions on speculation that the Fed might soon start tapering its monetary stimulus programme. The Yellow metal for December deliver added 0.1% to $1,272.90 an ounce as of 7:21 a.m., while gold form immediate delivery rose 0.5% to $1,273.77 in London.
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Wed, 13 Nov 2013 14:27:03 GMT

Sterling appreciates on BOE statement

The British currency gained for the first day out of last four versus the Euro and the greenback after the Bank of England stated that interest rates might be raised if unemployment reaches a certain level. The Pound rose 0.4% to 84.22 pence per Euro as of 11:37 a.m. in London, after depreciating 0.8% on Tuesday, while it added 0.3%

Wed, 13 Nov 2013 11:50:03 GMT

Chinese banks' non-performing loans increase in Q3

Non-performing bank loans in China advanced in the three months ended in September from the quarter before, a report published by the China Banking Regulatory Commission unveiled on Wednesday. According to the report, bank loans stood at CNY 563.6 billion in the Q3 after the figure recorded CBY 539.5 billion in the quarter ended in June.

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