European shares fall amid U.S. reports on Wednesday

Source: Bloomberg
European equities decreased on Wednesday after they recorded their biggest gain in four weeks yesterday as manufacturing sector activity in the U.S. decreased by more than expected in March and unemployment in the world's largest economy expanded below forecast last month. The Stoxx Europe 600 Index dropped 0.8% on Wednesday after it rose 1.3% yesterday.

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Wed, 03 Apr 2013 18:54:06 GMT

Emerging-market stocks drop amid Korea tension

Emerging-market shares decreased for the third successive session on Wednesday led by stocks of materials producers dragged down by declining prices of commodities as tension between South and North Korea escalated. The MSCI Emerging Markets Index fell 0.4% to 1,024.78 earlier on Wednesday New York session and the S&P GSCI Index of 24 commodities dropped for a fourth day in

Wed, 03 Apr 2013 18:32:06 GMT

Sterling appreciates on speculation BoE will refrain from stimulus

The British Pound appreciated on Wednesday rebounding from its weakest level in two weeks amid speculation that the Bank of England will decide not to boost the economy with further stimulus measures usually weakening the currency. The Sterling increased 0.2% to $1.5141 following a drop to its lowest level since March 20 at $1.5076 and it was 84.84 pence per

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