European markets slighly changed ahead the FED meeting

Source: Bloomberg
© Scanpix/Reuters
The Stoxx Europe 600 Index was 0.1% lower in the very beginning of Europe trading session on Tuesday. Markets wait for the news form the U.S., where the budget issue is still open and threatens to push the U.S. into recession. Also, the Federal Reserves have a two days meeting today, which will be followed by updates for the further U.S. monetary policy. Moreover, today is released the Germany ZEW index, which indicates the current economic situation.

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Tue, 11 Dec 2012 12:12:51 GMT

Indonesia holds the key interest unchanged

The Indonesia's Central Bank held the key interest rate unchanged at a record low 5.75%, according to the central bank announcement in Jakarta today. The benchmark rate was unchanged for a 10th consecutive meeting, as a domestic currency was close to a three year low, reducing possibility for monetary easing. The Rupiah, Indonesian currency, lost 6.5% versus the Dollar in

Tue, 11 Dec 2012 11:48:52 GMT

Gold depreciates ahead the FED meeting

Spot gold price slipped down by 0.4% to $1,706.95 an ounce during Singapore trading session on Tuesday. Gold depreciated after three-day gain or fell from $1,717.36, the most expensive since 3 of December. Precious metal traders took a profit as the price reached a one-week high after speculation that the Fed will expand its monetary easing programme in an upcoming

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