European stocks open higher on Friday

Note: This section contains information in English only.
Source: Bloomberg

European security markets opened higher on Friday led by financials and miners amid positive US employment and manufacturing data. Stoxx Europe 600 index added 0.3%, reaching 235.49, German DAX 30 index climbed 0.2% at 5,735.25 while UK FTSE 100 index advanced 0.3 trading at 5,417.36. French CAC 40 index traded flat at 2,996.3.

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Fri, 16 Dec 2011 10:42:45 GMT

Silver sees high volatility this year

White metal fluctuated dramatically this year, approaching $49 an ounce in April and falling below $30 in November. The growing worries over the global economy continue to weight down on silver; however, analysts believe in case silver price remains above its support level of $28 an ounce, it has a potential to jump essentially next year, said James Carrillo from Swiss America Trading Corporation.

Fri, 16 Dec 2011 10:41:34 GMT

China's manufacturing is expected to remain below 50 in December

China's manufacturing is expected to remain below 50 indicating contraction, according to preliminary HSBC Purchasing Managers' Index. The index is expected to approach 49, being 1.3 points higher as final November's PMI of 47.7. Low PMI forces the government to change its growth-focused policies faster.

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