European shares end higher on Bank of England monetary accommodation

Source: Marketwatch
European markets pared losses on Wednesday evening after the Bank of England's Monetary Policy Committee said it plans to enlarge the USD 511 billion asset buying program. Stoxx Europe 600 added 0.4%, FTSE 100 gained 0.6% and German DAX edged 0.4% higher. French CAC 40 index ascended 0.3%. In contrast Spanish IBEX 35 dropped 1.2%. 
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Thu, 21 Jun 2012 10:26:04 GMT

Swiss trade surplus grew in May more than expected

On Thursday, Switzerland's Federal Statistics Office reported that the Swiss trade surplus increased to CHF2.48 billion in the last month from the April's figure of CHF1.26 billion, which is a revised down figure from CHF1.33 billion. Analysts, however, expected that the May's trade surplus would be CHF1.97 billion.

Thu, 21 Jun 2012 09:15:03 GMT

US shares face a choppy session on Fed's decision

US equities ended modestly lower on Wednesday after Federal Reserve disappointed investors lowering growth forecast for 2012 and expanding only Operation Twist program instead of expected quantitative easing. S&P 500 index slipped 0.17% or 2.29 points and closed at 1,355.69, Dow Jones Industrial Average gave up 0.1% or 12.94 points and closed at 12,824.39. Nasdaq Composite ended marginally higher adding

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