U.K. stocks slip on U.S. budget talks

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Source: Bloomberg
Stocks in U.K. fell for the second time in a row on Monday as concerns about not reaching a deal in fiscal cliff talks between U.S. lawmakers and the White House overshadowed acceleration in Chinese manufacturing and improvement of British business sentiment index. The FTSE 100 Index dropped 0.5% to 5,897.81, while the broader FTSE All-Share Index also added 0.4%.
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Wed, 02 Jan 2013 08:43:54 GMT

Hang Seng rose to 19-month high as US lawmakers avert 'fiscal cliff'

Hong Kong's Hang Seng Index advanced as U.S. lawmakers approved the ‘fiscal cliff' bill seeking to avoid tax increases and as manufacturing sector in China expanded for a third consecutive month. The Hang Seng Index rose 2% to 23,103.97 at 1:11 p.m. in Hong Kong, exceeding 23,000 for the first time since June 2011.   

Mon, 31 Dec 2012 17:01:46 GMT

U.S. Dollar rises on fiscal cliff talks and BoJ stimulus speculation

The U.S. currency appreciated against its major counterparts on Monday as the President Barack Obama and lawmakers launched another round of negotiations to avoid $600 billion tax hikes and spending cuts and as the Bank of Japan came closer to starting its stimulus program in January. The U.S. Dollar rose 0.2% to $1.3191 per Euro and it added 0.2 %

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