U.S. trade deficit declines to lowest in four years

Source: Reuters
The trade deficit of the United States decreased to its smallest value since 2010 in November of this year, indicating that the economic recovery in the country is gaining strength. Moreover, oil prices pushed imports down 1.4%, while exports inched up 0.9% on a monthly basis. The total deficit narrowed to $34.3 billion, declining by 12.9% from October's revised deficit of $39.3 billion.
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Tue, 07 Jan 2014 15:23:03 GMT

U.S. stock-index futures advance after S&P 500 retreats third day

U.S. stock-index futures gained, after the benchmark Standard & Poor's 500 Index slid for a third consecutive day, as this week's earning and jobs data were awaited by investors. S&P 500 futures expiring in March rose 0.4% to 1,827.80 as of 8:36 a.m. in New York; however, the equity-benchmark has declined 1.2% from January 2. Dow Jones Industrial Average contracts

Tue, 07 Jan 2014 14:48:04 GMT

Sterling reaches highest level in two years

The British currency reached its highest level versus the greenback in approximately two years on manufacturers and services companies' survey that indicated on nation's improving recovery. The Sterling advanced 0.2% to $1.6430 as of 11:14 a.m. in London, after rising to $1.6603 on January 2, while the currency traded at 83.07 pence per Euro.

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