U.S. shares top BRICs estimates

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Agence France-Presse
Investors have chosen U.S. shares over emerging markets by the most ever as institutions are relaying on the safety of U.S. equities. The Standard & Poor's 500 slipped 2.1% to 1,655.83 previous week, snapping its advance to 16% yearly, as nation's newest data have supported the bets that Fed's officials will start to taper its monetary stimulus in September. The S&P 500 futures increased 0.2% as of 7:55 a.m. London time.
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Mon, 19 Aug 2013 11:11:15 GMT

Pound jumps amid boosted U.K. growth expectations

The Sterling appreciated 0.2% versus the greenback, after the CBI updated this year's expansion estimates for the U.K. economy from 1% in May to 1.2%. The Britain's currency added 0.21% to $1.5655 against the U.S. Dollar and gained 0.10% to £0.8514 against the common currency, and climbed 0.41% to 153.03 versus the Yen.

Mon, 19 Aug 2013 12:08:11 GMT

Obama concentrates on new financial bubble

President of United States Barack Obama, who started his term in the office during the time, when the previous bubble bursted, wants to be confident that his economic recovery's plan do not create a new one. The president spoke on this topic four times during this month; however, nation's economy is growing at 1.7% and jobs data remain below pre-crisis

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