Cable extends gains on Spain reports, U.K. data

Source: Forexpros

On Friday, the British Pound was higher versus the U.S. Dollar, following the release of the data that showed that the net borrowing of British public sector was less than expected. GBP/USD hit 1.6294, and subsequently consolidated at 1.6294, which was a 0.49% increase for the European morning trading session.

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Fri, 21 Sep 2012 14:46:12 GMT

Hong Kong equities climbed, led by energy sector

Hong Kong stocks advanced on Friday, boosted by a rebound in basic materials and energy sectors. However, dismal manufacturing PMI releases from China and Europe coupled with weakness of the US jobs market continued to create a heavy pressure on Chinese equities. The Hang Seng Index advanced 0.70% to close at 20,734.94. All but one business sectors included in the

Fri, 21 Sep 2012 14:35:12 GMT

Japanese equities rebounded on strong utility firms

Japanese shares bounced off Thursday's lows on Friday, supported by  stronger utility sector. However, global growth concerns after weak PMI releases coupled with escalated territorial tensions with China continued to create heavy pressure on Japanese equities. The Nikkei 225 Index added 0.25% to end the week at 9,110.00. Seven out of ten sectors within the index rose. Utilities and oil

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