Japanese stocks retreat as insurers drop

Source: Bloomberg
Japan's shares declined on Friday trading session with the local benchmark stock index Topix erasing its increase recorded this week and capping a 6th week of drops mainly due to a slide of consumer lenders. The Topix Index fell 1.3% to 1,183.82 in Tokyo reversing previous advance of 0.8% and falling by 0.4% this week.

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Fri, 14 Feb 2014 09:55:45 GMT

Gold gains as haven demand spurred by disappointing U.S. data

Gold advanced on Friday trading session and was set to record its largest weekly gain since last October as demand for safe-have assets rose after U.S. government showed that retail sales in the country dropped last month. Bullion for settlement in February added 0.6% to $1,310.70 an ounce and was last seen at $1,309.18 as of 3:21 p.m. Singapore time.

Fri, 14 Feb 2014 09:55:15 GMT

European stocks firm before GDP data

European shares fluctuated on Friday with the region's benchmark index Stoxx Europe 600 and was set to record a weekly advance before reports showed that economic growth in the Eurozone rose by 0.2% in the Q4 and as industrial production in the U.S. added 0.2%. The Stoxx Europe 600 Index gained 0.1% to 331.86 as of 8:08 a.m. London time.

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