U.K. shares advance for third straight day

Source: Bloomberg
© Scanpix/Associated press
U.K. shares gained for a third straight day, with the FTSE 100 Index headed for its first one-week advance in more than four weeks, as investors expected U.S. data to improve its economy. The FTSE 100 Index added 0.3% to 6,185.35 as of 8:54 a.m. London time; however, the gauge is still headed for a 6% drop in June. The FTSE All-Share Index gained 0.3% today, while Ireland's ISEQ Index slid 0.1%.
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Thu, 27 Jun 2013 11:25:14 GMT

Pound drops to lowest level in three weeks, Gilts gain following U.K. GDP data

The Sterling declined to the weakest level in three weeks versus the U.S. Dollar and U.K. bonds advanced after data indicated Britons' disposable income fell the most over 25 years in the first quarter and the GDP matched essential measures. The Sterling plummeted 0.3% to $1.5269 and retreated 0.4% to 85.33 against the Euro.

Thu, 27 Jun 2013 11:03:14 GMT

Gold bounces off from lowest in almost three years

Gold and silver gained for the first day out of last four, rising from the lowest level in 34 months, as investors speculated on the Fed's stimulus plans. The yellow metal for immediate delivery jumped 1.5% to $1,244.85 an ounce and traded at $1,241.85 as of 1:59 p.m. Singapore time, after touching $1,222 on Wednesday. Silver rose 1.8% to $18.8435

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