German inflation expectations increase in November

Source: Bloomberg
An indicator measuring inflation expectations in Germany advanced from the weakest level in an eighteen-month period before a report showed that consumer prices in the 17-nation bloc currency increased in November. The harmonized annual inflation rate jumped from 1.2% recorded in October to a level of 1.3% in November.

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Thu, 28 Nov 2013 13:19:07 GMT

Euro strengthens versus Yen as inflation in Saxony rises

The shared currency strengthened on Thursday rising to the highest level in four years against the Japanese Yen after a report showed that year-on-year inflation in Germany's Saxony region rose for the first time in a five-month period suggesting that the ECB may not cut its interest rates further. The Euro jumped 0.2% to 138.96 Yen as of 10:28 a.m.

Thu, 28 Nov 2013 13:08:04 GMT

European stocks rise as Stoxx 600 index is set to reach monthly gain

European equities increased on Thursday heading for the third monthly advance amid speculation that yesterday's closing prices near five-year highs were overvalued and as stocks in the U.S. and Asia grew. The benchmark index Stoxx Europe 600 jumped 0.2% to 324.59 as of 8:06 a.m. London time and it has gained 0.5% this month.

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