Gold rises to highest level in three weeks

Source: Bloomberg
Gold rose to a three-week high amid speculation that metal's biggest annual retreat in 32 years raised its demand in Asia. The yellow metal for immediate delivery added 0.7% to $1,245.75 an ounce, making it the highest level since December 17, and was at $1,243.84 as of 11:21 a.m. Singapore time. Bullion had its biggest climb in three months last week; however, it plummeted 28% previous year.
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Mon, 06 Jan 2014 16:31:05 GMT

U.K. service sector activity slows in December

Activity in the service sector of the U.K. unexpectedly slowed down in December of this year, however, the overall business optimism remained quite high. The benchmark PMI Index, which measures the activity in this sector, slipped to 58.8 points in December versus 60 a month ago. At the same time, the business confidence in the country hit the highest level

Mon, 06 Jan 2014 15:10:05 GMT

German shares advance after Eurozone service expand

German shares gained for a second straight day after Eurozone's service-industry expanded for a fifth straight month in the 18-nation area. The DAX rose 0.4% to 9,467.93 as of 12:33 p.m. Frankfurt time, after declining 1.6% previous week; however, the gauge jumped 25% last year as the ECB left its interest rates low. The HDAX Index climbed 0.3% today.

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