Euro gains before ECB meeting

Note: This section contains information in English only.
Source: Bloomberg
The European currency strengthened on Wednesday rising to the highest level in one month before a meeting of the European Central Bank's officials expected to maintain the benchmark interest rates unchanged. The 17-nation bloc currency fluctuated at $1.3578 by 7:09 a.m. London time following an increase to $1.3622 on November 29, the most since October 31.

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Wed, 04 Dec 2013 11:52:03 GMT

Emerging-market stocks drop to 3-week low

Emerging-market stocks fell on Wednesday dropping for the third straight session mainly due to a decline of consumer discretionary companies led by HTC Corp shrinking 3.3% after one of its smartphones was blocked from selling in the U.K. The MSCI Emerging Markets Index decreased 0.3% to 1,000.25 by 1:42 p.m. Hong Kong time, the least since November 14.

Wed, 04 Dec 2013 11:30:04 GMT

Brent rises as inventories in U.S. fall

The European benchmark Brent crude increased on Wednesday after an industry report revealed that crude stockpiles in the world's largest oil consumer, U.S., decreased to 377.8 million barrels in the week ended November 29. Brent for settlement in January gained 40 cents or 0.4% to $113.02 a barrel on the London's ICE Futures Europe Exchange.

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