Euro erases all gains by 13:00 GMT

Source: WBP Online
The Euro fell sharply against the US Dollar below the $1.14 level on the New York Stock Exchange on Monday, after earlier touching its intraday high of $1.1450 on the London Stock Exchange. The common currency lost 0.15%, trading at $1.1390 during the North American trading session by 13:00 GMT.
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Tue, 12 Apr 2016 14:44:05 GMT

UK's inflation reaches its highest level since 2014

The Consumer Price Index grew 0.5% in March from a year earlier, following February's 0.3% and reaching its highest level since December 2014. Until today, analysts expected the rate to show a 0.3% rise. Meanwhile, the CPI jumped 0.4% month-on-month in March, surpassing economists' forecast for a 0.3% increase and following a 0.2% drop registered in February.

Mon, 11 Apr 2016 17:38:03 GMT

European stocks close in green on Monday

Europe's largest equity markets closed Monday's trading session in green. Germany's DAX 30 Index gained around 0.8%, finishing at 9,695.68, whereas Britain's FTSE 100 Index added almost 0.1%, closing at 6,208.05 points. In the meantime, France's CAC 40 Index increased 0.3%, ending at 4,317.79, while the Euro Stoxx 50 Index jumped 0.5%, finishing at 2,927.78 points.

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