Pound depreciates on unexpected drop in retail sales

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Sterling dropped the most in a month against the greenback after a report indicated U.K. retail sales dropped unexpectedly in August. The Pound weakened 0.5% to $1.6068 as of 10:08 a.m. in London, the most since August 22. The British currency slid 0.8% to 84.40 pence per Euro. The 10-year British government bonds lost 0.15 percentage point to 2.85%, after declining 2.83%, the lowest since September 3.
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Thu, 19 Sep 2013 13:39:04 GMT

Europe stocks soar to five-year peak as Fed refrains from taper

European equities advanced to the highest level in over a five years as the Fed decided to keep its monetary policy intact. U.S. Index futures and Asian stocks soared. The Stoxx Europe 600 Index climbed 0.9% to 316.19 as of 11:39 a.m. London time, while the S&P's 500 Index futures added 0.5% and the MSCI Asia Pacific Index lost 2.2%.

Thu, 19 Sep 2013 11:00:04 GMT

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