Asian currencies fall on concerns Fed may taper off

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Source: Bloomberg
© Scanpix/RS
Asian currencies slipped on Friday ending a four-week long streak of gains amid speculation that the Federal Reserve may taper off its stimulus program sooner than expected on positive economic data in manufacturing. The Asia Dollar Index fell 0.4% on today's trading session following a 1.2% increase recorded in past four weeks.

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Fri, 01 Nov 2013 18:11:03 GMT

European equities are little changed after favourable manufacturing data

European shares swung between gains and losses on Friday as equities were set to record a fourth weekly increase after a government data in the U.S. and China showed an unexpected improvement in manufacturing. The benchmark index Stoxx 600 Europe advanced 0.1% to 322.82 as of 2:10 p.m. London time and it has expanded 0.9% this week.

Fri, 01 Nov 2013 17:49:03 GMT

German stocks are little changed as DAX records all-time high

German shares fluctuated on Friday as the local benchmark index DAX was set to record its fourth successive weekly increase after a government report showed that the manufacturing sector in the U.S. expanded faster than expected. The DAX fell less than 0.1% to 9,030.38 as of 3:52 Frankfurt time following an increase to the highest level all-time yesterday.

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