U.K. shares retreated the most in 10 trading days as ARM Holdings Plc pulled technology companies lower. The FTSE 100 Index slid 0.7% to 6,647.19 as of 9:03 a.m. London time, declining from its peak in a month. The FTSE All-Share Index fell 0.7% as well, while Ireland's ISEQ Index decreased 0.3%. U.K. shares rose 2.6% in the previous three
The World Bank decided to revise its expectations concerning economic growth in East Asia for this year, comparing with previous forecasts that were made in October 2013. As now predicted, region's economy will add 7.1% this year, as well as in 2015 and 2016. Moreover, Chinese economy will jump 7.6%, however, excluding this country, the region will advance only 5%
Trade deficit in Finland decreased slightly in February of the current year on the annual basis, reaching 70 million euro versus 110 million euro a year ago and 500 million euro in January 2014. Alongside, the gap shrank to the lowest number since October. During the second month of this year, exports plunged 2% year-on-year, however, imports showed a decrease
Consumer price index in Switzerland remained flat in March of this year on the annual basis, although economists expected prices to go down 0.2%. On a monthly basis, the CPI index rose 0.4% after a 0.1% increase in February, showing the fastest advance in a year. At the same time, the Swiss National Bank projects the inflation to be low
The Australian Dollar was 0.3% away from approximately four-month high versus the U.S. Dollar as traders bearish bets fell to the lowest level in about a year. The Aussie slid 0.1% to 92.86 U.S. cents at 5:15 p.m. Sydney time form April 4, when the currency touched 93.08, the strongest level since November 21. The Kiwi added 0.1% to 86.09
The greenback traded higher versus Eurozone's currency after a three weekly advances ahead of the release of U.S. central bank minutes. The U.S. Dollar traded at $1.3708 per Euro at 7 a.m. London time after appreciating 0.3% previous week to $1.3705. The Japanese Yen gained 0.2% to 103.08 per Dollar, prolonging a 0.6% climb on April 4. Japan's currency added
Canadian shares increased on Friday trading session after a government report showed that employment in the country rebounded in the month of March and as Air Canada led gains after reporting favourable quarterly results. The Standard & Poor's/TSX Composite Index rose by 53.67 points to 14,455.88 as of 10:16 a.m. Toronto time and it has gained 1.4% on the week.
The majority of European shares increased on Friday extending their rally to the longest since October 2013 pushed up by increases of Holcim Ltd. and Lafarge SA and as the U.S. reported that job growth in February continued at firm pace. The benchmark index Stoxx Europe 600 added 0.6% to 339.4 points by 3:23 p.m. London time.
The U.S. Dollar dropped on Friday trading session falling against the majority of emerging-market currencies after reports showed that employment in the country increased raising speculation that the U.S. Federal reserve may keep the bond purchases at current level. The so-called Greenback lost 0.2% to 103.70 yen by 10:25 a.m. New York time and the Dollar index slipped 0.2% to
Gold futures climbed on Friday trading session rising by the most in a three-week period after a government data showed that payrolls in the U.S. advanced last month together with new jobs created exceeding projections. Gold for settlement in June rose as much as 1% to $1,297 an ounce as of 10:10 on the New York's Comex.
Retail sales in Greece declined at the beginning of 2014 falling for the second successive month, a report published by the Hellenic Statistical Authority unveiled on Friday. According to the report, the country's retail sales slipped by 1.9% on an annual basis in January after falling by 6.1% in the month before, while in November the figure advanced by 2.9%.
Industrial production in Sweden increased in February following a month of decline, a report released by the statistical office of Sweden showed on Friday. According to the report, the Swedish industrial output advanced 2.2% in the month February after falling by 1.4% in January, while it was originally seen to be growing 0.5%.
Car sales in the United Kingdom advanced in the month of March rising by more than economists originally estimated and reaching the fifth of a yearly registration level, a data unveiled by the Society of Motor Manufacturers and Traders showed on Friday. According to the data, the U.K.'s new car registration gained by 13.7% totaling 688,122 units in March as
Construction activity in the Europe's largest economy accelerated in March rising at a slower rate than in the month before as new orders eased to the lowest level in a year, a report unveiled by Markit Economics showed on Friday. The German PMI dropped from February's level of 53.6 points to a level of 52.2 in the following month.
House prices in the United Kingdom dropped in March falling for the first time in a three-month period, a report unveiled by the Lloyd Banking Group showed on Friday. According to the report, the nation's Halifax index of house prices slipped surprisingly by 1.1% on a sequential basis in March after rising by 2.5% in the month before.
Manufacturing new orders in Germany increased in February rising by more than economists originally expected amid strong domestic demand, a report released by the statistical office Destatis showed on Friday. The German factory new orders gained by 0.6% on a sequential basis in February, while the figure was estimated to grow 0.2%.
Sovereign rating of the world's second largest economy was affirmed at ‘A+' by the Fitch Ratings with the outlook remained at ‘stable' as external balance sheet and economic growth recorded favourbale levels, a report released by the rating agency showed on Friday. The report also unveiled that the country's foreign reserves increased to $3.82 trillion in 2013.
Employment in the world's largest economy increased last month with the job growth upwardly revised in March and February, a report released by the Labor Department showed on Friday. According to the report, the U.S. non-farm payrolls advanced by 192,000 in March, while the figure was forecast to record 200,000.
The European currency inched lower on Friday session falling against the U.S. Dollar after a report showed that payrolls in the world's largest economy increase notably and as the ECB President Mari Draghi signaled possible increase of bond purchases. The Euro slipped to $1.3655, while it fell 0.1% to 142.42 yen after trading at the four-year high at 143.48.
U.S. shares opened higher earlier on Friday trading session pushing the benchmark stock indexes Standard & Poor's 500 and the Dow Jones industrial average towards their new record highs as jobs data showed that the economy is gaining momentum. The S&P 500 index added 0.40% to 1,896.36, the Dow Jones index rose 0.27% to 16,616.67 and the Nasdaq Composite index
Global shares were traded higher on Friday trading session after a government report in the world's largest economy showed that labour market improved and as the European Central Bank signaled it may add bond purchases as the region's economy struggles. The European index FTEU3 advanced by 0.4% following a 0.15% gain earlier on the session, while the Wall Street shares
U.K. shares climbed, with the regional FTSE 100 Index prolonging its third weekly advance, as the U.S. jobs data are awaited by investors. The FTSE 100 rose 0.4% to 6,673.16 as of 8:53 a.m. London time and it has increased 0.9% this week. The FTSE All-Share Index added 0.3%, while Ireland's ISEQ Index jumped 0.5% today.
Asian benchmark stock index advanced for a second consecutive week, with the regional gauge fluctuating between gains and losses on low trading volume as the U.S. jobs data come out. The MSCI Asia Pacific Index slid less than 0.1% to 138.97 at 5:43 p.m. Hong Kong time. The equity-benchmark has climbed 1.7% this week.
The Australian Dollar is set to end its streak of weekly advances and the Kiwi is headed to fall by the most in more than two months ahead of U.S. jobs data. The Aussie added 0.1% to 92.43 U.S. cents at 6 p.m. Sydney time and it has little changed, after two straight weekly gains. The New Zealand Dollar was