Greenback posts new daily highs

Note: This section contains information in English only.
Source: WBP Online
The US Dollar traded at its fresh intra-day highs against the Euro, as initial claims for state unemployment benefits in the United States dropped to 278,000 from 294,000, the Department of Labour said on Thursday. The common currency declined 0.3%, trading at $1.1180 by 13:00 GMT on the London Stock Exchange.


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Thu, 19 May 2016 15:32:10 GMT

Moody's agency remains positive on India

India's Gross Domestic Product is expected do grow at pace close to 2.5% in 2016 and in 2017, according to the latest forecast from Moody's rating agency. In the meantime, Moody's report highlighted that the country's GDP showed strong growth so far, but total private investment remained low.

Thu, 19 May 2016 14:04:05 GMT

European stock markets fall on Thursday

Stock exchanges in Europe fell, as latest Federal Reserve's minutes pressured investors with looming interest rate increase in June. German DAX 30 dropped 0.5% to 9,895.35 points, FTSE 100 index decreased 1% to 6,104.40 points and French CAC 40 lost 0.1% to 4,313.35. In the meantime, Euro Stoxx 50 decreased 0.3% to trade at 2,947.50 points.

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