Sterling headed for third weekly gain

Source: Bloomberg
© Scanpix/Reuters
The Sterling is set for a third straight weekly advance against the U.S. Dollar, its longest streak of weekly gains since September 2012, as the U.K. home prices increased in May. The British Pound was at $1.5699 at 7:42 a.m. in London after rising to $1.5738 on Thursday, the highest point since February 11; the currency has appreciated 0.9% weekly. The Pound traded at 84.99 pence per Euro.
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Fri, 14 Jun 2013 08:56:06 GMT

European shares rise

Europe's shares climbed, ending the streak of four weekly retreats for the Stoxx Europe 600 Index, as Asian stocks bounced off after corrections. The Stoxx 600 advanced 0.2% to 291.01 as of 8:09 a.m. London time, ahead of report that may show an increase in U.S. industrial production in May. Standard & Poor's 500 Index futures slid 0.2% today, after

Fri, 14 Jun 2013 10:05:26 GMT

U.S. shares climb amid economic data, stimulus speculation

U.S. shares rose, with the Standard & Poor's 500 Index climbing the most since January, amid better-than-expected economic report and bets the Federal reserve will provide plans to keep record low interest rates. The S&P 500 advanced 1.5% to 1,636.36 and the Dow  Jones Industrial Average gained 1.2% to 15,176.08.

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