European equity futures inch higher on the U.S. budget speculation

Note: This section contains information in English only.
Source: Bloomberg
The Euro Stoxx 50 Index futures, expiring this month, were higher by 0.6% to 2,641 points in the very beginning of European trading hours on Tuesday. European equities will probably gain on optimism that U.S. governors will find an agreement on the U.S. budget for an upcoming year and will be able to avert the fiscal cliff. Recent proposals from the Democratic and Republican parties are indicative of progress towards a common deal.
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Tue, 18 Dec 2012 11:09:10 GMT

Rouble edges lower as importers puchase a foreign currency

The Rouble dropped 0.7% to 30.94 against the Dollar in the end of Moscow trading session on Monday. That was a third day of diminishing value of the Rouble and the longest depreciation streak since 29th of October, also the biggest drop since 23rd of October. The Russian currency loses its value, as importers have to cover payments and thus

Tue, 18 Dec 2012 10:47:11 GMT

Asian stocks rise on U.S. 'fiscal cliff' optimism

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