U.S. shares down in April on quarterly reports

Source: Reuters
Wall Street shares inched lower earlier on Monday trading session after companies from biotech and technology sector released quarterly earnings reports today. The Standard & Poor's 500 Index has fallen in April so far by 3%, the Dow Jones industrial average has lost 2.6% and the Nasdaq Composite Index has slipped 4.7% this far.

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Mon, 14 Apr 2014 14:11:03 GMT

German FM says low inflation in Eurozone holds no risk

Finance Minister of the Europe's largest economy Wolfgang Schaeuble claimed on Monday that the Eurozone's ongoing low inflation will not likely lead into a deflation spiral despite investors' speculations, as the ECB President Mario Draghi commented that the weak inflation holds no risk. German FM also added that the biggest risk in Europe now is the Ukraine's tension.

Mon, 14 Apr 2014 12:34:02 GMT

Euro drops versus basket of currencies on ECB comments

The 18-nation bloc currency dropped earlier on Monday session falling versus the U.S. currency from the strongest levels reached this year after the European Central Bank signaled that further monetary easing may be implemented sooner than expected. The Euro slipped as much as 0.3% against its most-traded peers and was last seen at $1.3848.

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