Pound rises versus Yen amid BoJ stimulus speculations

Source: Bloomberg
© Scanpix/RS
The British currency recorded a little change against the U.S. Dollar before a November's report of bank lending for home purchases in U.K. would be released, when it climbed to $1.6141. Sterling also gained versus Japanese Yen amid speculations the Bank of Japan will try to boost the economy starting its unlimited monetary stimulus program, as the British Pound advanced to 138.59 Yen, its highest level since April 12, 2011.
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Thu, 27 Dec 2012 11:57:34 GMT

French debt falls in Q3

Government debt of France fell in the Q3 mainly due to lower level of central government debt, the Insee statistical office reported on Thursday. Public debt declined by 13.8 billion Euro compared to the Q2, when it went down from a level of 91% to 89.9% of the country's output, while net debt to GDP added to 81.1% in the

Thu, 27 Dec 2012 11:35:34 GMT

Europeans shares steady as fiscal cliff talks are ready to resume

After Christmas holidays, shares in Europe were steady on Thursday as U.S. President Barack Obama is prepared for another round of negotiations in order to avoid tax hikes and spending cuts after January 1. European shares opened at 1137 points, when London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX recorded changes in a range of 0.1% lower and 0.4% higher.

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