Sterling appreciates as Carney unsuccessfully damps rate-rise talks

Source: Bloomberg
The British currency gained to more than two year high as Bank of England Governor Carney unsuccessfully damped speculation on increasing lending rates sooner than expected. The Sterling traded at $1.6618 at 10:59 a.m. in London, after reaching $1.6668, the strongest since May 2011. The Pound added 0.1% to 82.31 pence per Euro after advancing to 81.68 pence on January 22.
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Fri, 24 Jan 2014 13:23:05 GMT

U.S. stock-index futures retreat after emerging-market currencies fall

U.S. stock-index futures fell, with the benchmark Standard & Poor's 500 Index set for a second straight week of declines, on weaker emerging-market currencies. The Standard & Poor's 500 Index futures expiring in March dropped 0.6% to 1,813.5 as of 7:40 a.m. New York time. Dow Jones Industrial Average contracts slipped 0.6% to 16,062 today.

Fri, 24 Jan 2014 12:20:03 GMT

Natural gas rises as weather stays cold until end of January

Natural gas futures traded in New York increased on Friday trading session and were set to reach the largest weekly advanced since September 2012 after a weather forecast showed that temperatures in the U.S. may stay below normal through the end of January. Natural gas for February settlement added 3.5% to $4.896 a million British thermal units on the NYMEX.

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