European stocks rise, while shares in Asia drop

Source: Bloomberg
© Scanpix/Reuters
European stocks jumped before euro-zone's finance ministers' meeting, while Asian shares fell due to better-than-expected U.S. jobs data, which added to concerns that the Fed might unwind its QE and led to capital outflow. The Stoxx Europe 600 Index increased 0.8% so far today after gaining 1.2% last week. The MSCI Asia Pacific Index dropped 1.5%
Back to articles

Actual Topics

Mon, 08 Jul 2013 09:59:04 GMT

Gold declines as Dollar jumps on Fed tapering speculation

Gold was flitting between gains and losses as better-than-predicted U.S. employment report pushed the U.S. Dollar to the strongest level since July 2010 and fueled speculation that the U.S. Federal Reserve may taper bond purchases. Gold for immediate settlement remained flat at $1,223.53 per ounce in Singapore following a jump and decrease of 0.6%.

Mon, 08 Jul 2013 09:48:05 GMT

European shares climb ahead of U.S. earnings season

European shares rallied, after the Stoxx Europe 600 Index advanced for two weeks in a row, while investors awaited for Alcoa Inc. start the U.S. earnings season and for the Euro block finance ministers' meeting in Brussels. The Stoxx 600 inched up 0.7% to 290.39 and the equity benchmark gained 1% on July 5 following better-than-expected employment data.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.