Europe's shares retreat, prolonging one-month low

Source: Bloomberg
© Scanpix/Agence France-Presse
European shares retreated for a second straight day, prolonging a one-month low; on concerns the Fed will scale back its stimulus and as the Chinese manufacturing dropped. The Stoxx 600 slipped 0.9% to 298.23 as of 8:11 a.m. London time, the lowest level in one month, while Standard and Poor's 500 Index futures gained 0.1% after a 1.4% fall on May 31.
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Mon, 03 Jun 2013 16:07:23 GMT

Oil prices decrease after disappointing China data

U.S. crude-oil prices declined on Monday as the report about China's manufacturing data didn't meet the expectations. Crude oil for July delivery dropped 0.2% reaching $91.81 a barrel on pressure coming from the appreciating U.S. Dollar. The ICE Dollar index strengthened to 82.237 from 82.297 on last week's Friday, the index gained approximately 2% in May.

Mon, 03 Jun 2013 09:51:27 GMT

Sterling rises against U.S. Dollar

The British Sterling rose versus the U.S. Dollar ahead of a report that is expected to show growth in U.K. manufacturing for the first time in four months. The British currency gained 0.3% to $1.5246 as of 7:50 a.m. in London after touching $1.5249 earlier, while the Pound appreciated 0.1% to 85.44 pence per Euro. The Sterling has depreciated 2.4%

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