German investor confidence increases

Source: Bloomberg
German investor sentiment rose for a third straight month in October, indicating on that nation's economy is able to grow despite the problems that U.S government is having. The ZEW index, that aims to forecast economic developments after six months, increased to 52.8 after it reached 49.6 previous month, touching the highest level since April 2010.
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Wed, 16 Oct 2013 07:25:06 GMT

U.S. government debt placed under negative watch by Fitch

U.S. government sovereign debt was placed under negative watch by the Fitch Ratings, although the ‘AAA' rating was maintained, a report released by the Fitch Ratings unveiled on Tuesday.  The report showed that the main reason of placing the ‘AAA' long-term rating and local currency issuer default rating on Rating Watch Negative was persisting deadlock over the federal budget.

Tue, 15 Oct 2013 11:20:04 GMT

U.S. share futures rally

U.S. stock-index futures advanced, indicating on that the Standard & Poor's 500 Index will reach the highest level in three weeks, as investors awaited for the end of the partial government shutdown. S&P 500 futures gained 0.2% to 1,707.4 as of 10:44 London time, while contracts on the Dow Jones Industrial Average rose 0.2% to 15,258 today.

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