Euro,copper and stocks advance amid euro area recovery

Source: Bloomberg
The 17-nation currency appreciated as British industrial output and factory orders in Germany grew more than expected in June, and Italy's economy contracted less than predicted in the second quarter, signaling Europe's recovery. The Euro climbed 0.2% to $1.3281 as of 6:31 a.m. New York time. Copper gained 1.2%  and crude traded 0.2% higher. The Stoxx Europe 600 gauge rose about 0.1%. 
Back to articles

Actual Topics

Tue, 06 Aug 2013 12:41:06 GMT

Euro appreciates against Dollar on Fed prospects

The 17-nation currency touched the strongest level in seven weeks versus the greenback as data indicated German factory orders recovered in June, overshooting economists expectations. The Euro added 0.1% to $1.3273 and remained steady at 130.28 versus the Yen. The U.S. Dollar dropped 0.2% to 98.15 versus the Yen.

Tue, 06 Aug 2013 12:19:05 GMT

Europe stocks mainly rise following earnings, optimistic report

European stocks mostly advanced, fueled by the latest better-than-forecast data from Germany, Italy and the U.K., and optimistic earnings reports. The European Euro Stoxx 50 index jumped 0.17% to 2,814.02 and German DAX advanced 0.20% to 8,415.30. German factory orders rose 3.8% in June, while French company Credit Agricole posted net income of €696 million in the second quarter.

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.