US stock markets climb supported by optimism over Europe

Note: This section contains information in English only.
Source: Marketwatch
US equity markets ended higher on Friday as investors hoped for a positive outcome in Greek elections and awaited further actions regarding stimulus from global central banks. S&P 500 index added 1.03% or 13.74 points and finished at 1,342.84. Dow Jones Industrial Average advanced 0.91% or 115.26 points and closed at 12,767.17. Nasdaq Composite soared 1.29% or 36.47 points and settled at 2,872.80.
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Mon, 18 Jun 2012 07:54:54 GMT

India keeps benchmark interest rate unchanged on high inflation

The board of the Reserve Bank of India decided to keep its key interest rate unchanged as the record high inflation rate across emerging nations reduces the room for the central bank to support slowing economy. The central bank maintained the interest rate at 8.0% instead of predicted cut by 0.25 percentage point. 

Mon, 18 Jun 2012 07:20:56 GMT

Aussie and Kiwi appreciate after Greek elections

The New Zealand and Australian Dollar strengthened against US Dollar and Yen on Monday as worries over Greek exit from the Eurozone eased as pro-austerity parties are likely to form a new coalition. Aussie advanced 0.6% versus greenback to USD 1.0117 while Kiwi climbed to USD 0.7924. Currently AUD/USD is trading at USD 1.0102 and NZD/USD is trading at USD

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