Gold falls on prospects of high US rates

Source: Bloomberg
Bullion fell, after its biggest monthly gain in three years, on prospects for higher interest rate in the US. The yellow metal for immediate delivery decreased 0.7% to $1,275.04 an ounce as of 9:43 a.m. London time, and gold for April settlement dropped 0.3% to $1,275.50 in New York during the Comex.
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Tue, 03 Feb 2015 20:32:07 GMT

European stocks see improvement in Greek debt issue

European shares experienced a relief, as the new Greek government refused to push with the debt haircut further. This is expected to introduce more stability into the Euro zone. Another positive factor for the equity is be appreciation of oil, the price of which has gained 15% over the past four days.

Mon, 02 Feb 2015 15:52:08 GMT

Euro climbs amid Greek debt assurances

The Euro appreciated on assurances from the new government in Greece that it will carry out financial obligations, alleviating concerns that the country may push the currency block back into turmoil. The Euro advanced 0.3% to $1.1322 as of 7:19 a.m. in New York. It also gained 0.5% to 133.17 versus the Yen.

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