US stock futures increase

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/reuters

US stock futures increased on hopes for progress in the euro-zone debt crisis resolution. Futures on the Dow Jones Industrial Average gained 58 points to 12,170, those of the Standard & Poor's 500 index increased by 6.10 points to 1,261 while Nasdaq 100 futures added 10 points to 2,331.

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Wed, 07 Dec 2011 13:47:01 GMT

ECB conducts first liquidity operation since cut in dollar swap rates

The ECB provided $50.7 billion three-month loans at 0.59% fixed rate and seven-day loans at 0.58% fixed rate. The dollar-liquidity project is the first after the ECB and Fed agreed on decrease in dollar swaps. The shift of the central banks to decrease rate on the dollar swaps appeared amid rising dollar-borrowing costs and financial institutions' keeping cash.

Wed, 07 Dec 2011 14:58:11 GMT

UK Manufacturing output drops in October

UK industrial output declined more than was previously predicted by economists as escalating European debt crisis hurt demand for UK's export goods. Factory output lost 0.7% compared to September which is the biggest drop since April, said Office for National Statistics today. On yearly basis, however, manufacturing output added 0.3%.             

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