European stocks advance before Fed decision

Source: Bloomberg
The European stocks climbed recovering from yesterdays drop, as the investors are waiting for the Federal Reserve bond-buying decision. The Stoxx 600 Index advanced 0.8% , still being behind 3.5% from this year's highest level. The biggest gains in Europe reported Elektrobit Corp. which jumped 14% after increasing its full-year forecast and TUI AG which surged 4.5%, after reporting full-year profit. 
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Wed, 18 Dec 2013 17:09:31 GMT

Canadian wholesale trade surges in October

The Canadian wholesale trade data advanced 1.4% to $50.5 billion in October, thus exceeding the analysts expectations. The growth in wholesale trade was boosted by the surge in machinery and supplies sector which surged 5.6%, the largest monthly gain since September 2003. Significant gains in sales was also for computer and communication equipment which jumped 6.6%. 

Wed, 18 Dec 2013 18:37:02 GMT

Eurozone's industrial output drops faster in October

Construction output in the 17-nation bloc declined at a faster pace in October from the previous month and recorded the steepest drop since May, a report published by the statistical office Eurostat showed on Wednesday. Eurozone's construction production fell 2.4% on an annual basis in October following a 0.7% slide in the prior month, in May it decreased 3.7%.

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