European stock markets fall on Thursday

Source: WBP Online
Stock exchanges in Europe fell, as latest Federal Reserve's minutes pressured investors with looming interest rate increase in June. German DAX 30 dropped 0.5% to 9,895.35 points, FTSE 100 index decreased 1% to 6,104.40 points and French CAC 40 lost 0.1% to 4,313.35. In the meantime, Euro Stoxx 50 decreased 0.3% to trade at 2,947.50 points.
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Thu, 19 May 2016 14:15:12 GMT

Greenback posts new daily highs

The US Dollar traded at its fresh intra-day highs against the Euro, as initial claims for state unemployment benefits in the United States dropped to 278,000 from 294,000, the Department of Labour said on Thursday. The common currency declined 0.3%, trading at $1.1180 by 13:00 GMT on the London Stock Exchange.

Thu, 19 May 2016 13:53:04 GMT

Sterling surges as UK retail sales data comes out

The Pound traded higher upon the positive UK retail sales data announcement, also being affected by a lower Brexit probability. The cable recovered on Thursday's trading session after losing value on Wednesday, when the Greenback was pushed up by the release of the FOMC minutes which suggested a possible rate hike in June.

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