Euro reaches 2014 high as inflation data topped estimates

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Source: Bloomberg
Eurozone's currency appreciated to a 2014 high versus the U.S. Dollar as inflation in the Euro area topped analyst estimates. The 18-nation currency gained versus most of the 16 major counterparts. It climbed 0.7% to $1.302 as of 10:40 a.m. in London, after approaching $1.3813, while the Euro rose 0.3% to 140.48 Japanese Yen.
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Fri, 28 Feb 2014 11:13:34 GMT

U.K. shares are little changed after some major companies decline

U.K. shares were little changed, reversing their biggest one-month advance since July, as some major companies retreated. The FTSE 100 Index slid 0.1% to 6,802.78 as of 10:03 a.m. London time and it has gained 4.5% in February. The FTSE All-Share Index slipped less than 0.1%, while Ireland's ISEQ Index climbed 0.2% today.

Fri, 28 Feb 2014 10:59:52 GMT

China's currency weakens amid speculation of band widening

The China's Yuan fell to the weakest level amid speculation the central bank will expand the currency's trading band, which allows greater variability in the second largest economy in the world, while the growth is sliding. The Yuan dropped 0.86% to the lowest level in ten months of 6.1808 against the Dollar. That was the biggest loss in CFETS since 2007.  

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