Pound drops against Euro after London job vacancies sore 76%

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Source: Bloomberg
The Pound Sterling debased versus the Euro after a report indicated job vacancies offered by London financial-services companies rose 76% in January. The Pound slid 0.7% to 85.11 pence per Euro, the most since January, while it plunged 0.5% to $1.572, the strongest since February.

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Mon, 11 Feb 2013 13:03:25 GMT

Australia Home-Loan approvals for December drop for third month

Australian home-loan approvals declined for third month, and the amount of first-home buyers plunged to the lowest in eight-and-a-half years after central bank interest-rate decline failed to attract customers into the market. The amount of loans granted for purchase or construction of houses and apartments slumped 1.5% and report depicted that the overall value of loans declined 2.6% to A$20.8

Mon, 11 Feb 2013 17:00:10 GMT

U.S. shares advance for a sixth straight week

The U.S. equities posted gains for a sixth consecutive week on Friday on better-than-expected corporate profits after European leaders reached a budget deal. The S&P 500 index increased 0.3% for the week to close at 1,517.93. All but one group in the equity gauge edged higher. Microchip Technology, the leading provider of microcontrollers, posted biggest gains in the gauge

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