Sterling flat following U.K. confidence, house-price data

Note: This section contains information in English only.
Source: Bloomberg
The Sterling remained steady versus the U.S. Dollar as an industry data indicated U.K. consumer confidence rose to the highest level in over two years in June. The Sterling was at $1.5263 and declined 0.2% to 85.60 pence against the Euro. U.K. confidence index jumped to minus 21 and house prices climbed 0.3% in June.
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Fri, 28 Jun 2013 08:41:37 GMT

European shares jump on Japan industrial production

European shares advanced, heading for the largest weekly rise in two months, after the Federal Reserve policy maker said the central bank will maintain low interest rates for a considerable amount of time and Japan's industrial production overshot expectations. The Stoxx Europe 600 Index gained 0.4% to 287.42 and the Standard & Poor's 500 Index futures added 0.5%.

Fri, 28 Jun 2013 07:52:10 GMT

Japanese economy strengthens in May

Japanese recovery strengthened in May as macroeconomic data turned out to be positive. Factory output rose 2% from a month earlier, being driven mostly by power companies' demand. Inflation excluding fresh food stayed the same, while consumer prices excluding energy and fresh food dropped 0.4% compared with inflation year earlier. Retail sales increased 1.5% from April.

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