US stocks rally on less heavy Fed requirements

Note: This section contains information in English only.
Source: Yahoo Finance

US markets surge close to 3% on Tuesday after Federal Reserve issued capital proposals which were less burdensome than expected. Dow Jones Industrial Average added 2.87% or 335.73 points finishing at 12,103.58, while S&P 500 Index gained 2.98% or 35.95 points closing at 1,241.30. Nasdaq Composite Index edged up 3.19% or 80.59 points at 2,603.73.

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Wed, 21 Dec 2011 08:09:12 GMT

Euro recovers ahead of ECB announcement

17-nation currency appreciated for a second straight day ahead of ECB report about unlimited 3-year bonds. Investors expect ECB to boost purchases of Euro Zone's debt. Euro gained 0.2% against US Dollar reaching $1.3114 in Tokyo trade. European common currency also climbed 0.2% against Japanese Yen attaining ВҐ102.05. Currently EUR/USD is trading at $1.3109 while EUR/JPY is trading at ВҐ101.91. 

Wed, 21 Dec 2011 08:05:49 GMT

China challenged by price inflation and slowing growth

Accelerating prices and slowing growth will be the main challenges the government will face next year, said Wen Jiabao, Chinese Premier. The government is going to focus on stable export policies while support tax cuts by increased fiscal spending, Jiabao added. PM characterized current economic situation as healthy, nevertheless he admitted than country is facing many new problems. 

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