Aussie rises as inflation advances last month

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Source: Reuters
The Australia's currency advanced on Wednesday rising against its U.S. counterpart after a government report showed that the country's inflation increased notable easing speculation that the Reserve Back may cut interest rates further. The so-called Aussie added 0.7% to $0.8863 following a gain to $0.8873 after trading near the lowest level in more than three years at $0.8756.

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Wed, 22 Jan 2014 08:37:14 GMT

Europe's equities advanced before U.K. labour data

European shares increased on Wednesday together with Asian markets before a government report showed that unemployment in the United Kingdom declined in November to a level of 7.3% and as jobless claims are forecast to drop by 32,000 in December. The Euro Stoxx 50 Index jumped as much as 0.4% by 7:34 a.m. London time.

Wed, 22 Jan 2014 08:26:22 GMT

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