Sterling depreciates for second day against Dollar following U.K. GDP data

Source: Bloomberg
© Scanpix\Reuters
The Sterling declined for the second day versus the Dollar after the report indicated U.K. economy expanded in line with economists expectations curbed bets the Bank of England is moving towards ending it bond-buying programme. The Sterling slipped 0.2% to $1.5279 and depreciated 0.1% to 86.32 pence versus the 17-nation currency.
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Thu, 25 Jul 2013 13:43:52 GMT

Orders for U.S. durable goods exceed projections

Bookings for durable goods increased more than analysts' expectations in June, indicating higher demand that will foster manufacturing and economic growth in the second half of 2013. Orders for goods lasting at least three years rose 4.2%, mainly driven by transportation equipment, while expected  gains was only 1.4%. 

Thu, 25 Jul 2013 13:31:04 GMT

European equities drop on earnings data

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