Japan's growth misses expectations

Source: Bloomberg
© Scanpix/Agence France-Presse
Japan's economy missed the analysts' expectations in the second quarter of the year as the nation's GDP grew an annualized 2.6%, according to the Cabinet Office. For comparison, in the first quarter it rose 3.8% and it was estimated to grow 3.6% in the following three months. The data fueled speculation on whether Japan's economy is stable enough to remain monetary stimulus at the current level.

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Mon, 12 Aug 2013 11:22:07 GMT

Gold advances to one-month high

Gold advanced to a one-month high after the greenback's retreat and yellow metal's rise above $1,320 an ounce boosted its demand. Bullion has increased 4.2% from the lowest level in three weeks, when it traded at $1,273.02 an ounce on August 7. The metal for immediate delivery climbed 1.5% to $1,333.94, the highest level since July 31, and traded at

Mon, 12 Aug 2013 10:06:06 GMT

U.K. shares advance slightly

U.K. shares were little changed, after retreating previous week, as more commodity producers advanced than declined. The FTSE 100 added 0.2% to 6,593.15 as of 8:59 a.m. London time and the equity-benchmark has risen 9.4% since June 24. The FTSE All-Share Index gained 0.2% as well, while Ireland's ISEQ Index climbed 0.4%.

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