U.K. retail sales surge in October, Pound up

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Source: Forexpros
U.K. retail sales advanced more than expected in October, jumping to the highest level in three months, the Confederation of British Industry showed on Tuesday. The retailers' index soared 24.0 points to a final reading of 30.0 points, compared to 6.0 in September. Economists had forecast a 1.0 point increase. Following the data, GBP/USD gained 0.25% to 1.6073. 

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Tue, 30 Oct 2012 14:51:39 GMT

Bank of Japan interest rates unchanged

The Bank of Japan announced changes in its monetary policy on Tuesday. The central bank said that it had missed its goal of 1% annual inflation, therefore it will maintain its current interest rate between 0 and 0.1%, and that monthly bond purchased will be at the level of 1.8 trillion Yen. Economists were also widely expecting that there would

Tue, 30 Oct 2012 15:20:00 GMT

U.S. stock futures fall as hurricane lands

U.S. stock futures declined on Tuesday as investors estimated the financial impact of the hurricane to be billions of Dollars. Dow Jones futures slid 0.3% to 13,016, after falling 1% during an overnight trading. Futures on the S&P 500 tumbled less than 0.1% to 1,407, while those on Nasdaq 100 dropped 0.4% to 2,649.

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