Chinese stocks gain on trade data

Source: Reuters
China's shares advanced on Thursday trading session after a government report showed that the nation's trade balance came in a surplus as exports and imports returned to positive figures in April showing signs of an improvement and as investors bet on further stimulus by the central bank. The CSI 300 Index rose as much as 0.8% on the session.

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Thu, 08 May 2014 08:26:33 GMT

Euro trades below two-month peak before ECB meeting

The European currency fluctuated on Thursday as it traded close to the highest level in two months against the U.S. Dollar before the European Central Bank officials decide whether to maintain interest rates unchanged later today. The Euro strengthened slightly by 0.1% to $1.3917 following an advance towards the strongest level in two months on Tuesday at $1.3952.

Thu, 08 May 2014 08:20:05 GMT

Asian stocks increase as China's trade balance shows improvement

The majority of Asian shares increased on Thursday trading session amid dovish comments by the U.S. Federal Reserve officials on current monetary policy and as the world's second largest economy showed trade data signaling stabilization in the country. The MSCI broadest Asia- Pacific gauge outside Japan added 0.5% rebounding from the five-week low, while the Japan's Nikkei 225 gained 0.9%.

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