Swiss stocks rise before U.S. earnings season

Note: This section contains information in English only.
Source: Bloomberg
Stocks in Switzerland rose following two weeks of gains as the U.S. earnings season is about to begin. Transocrean Ltd. and Cie Financiere Richemont led the gains, both climbing 2%. The Swiss Market Index increased 1.1% to 7,867.11 so far today, while the Swiss Performance Index rose 1.1% as well. The SMI jumped 1.3% last week.
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Mon, 08 Jul 2013 10:44:05 GMT

U.K. shares rise after one-week advance

U.K. shares gained, following their biggest one-week advance in one and a half year, as investors awaited the unofficial start of the U.S. earnings season. The FTSE 100 Index gained 1.2% to 6,453.96 as of 8:48 a.m. London time; moreover, the equity-benchmark rose 2.6% previous week. The FTSE All-Share Index also climbed 1.2% today, while Ireland's ISEQ Index added 0.7%.

Mon, 08 Jul 2013 10:21:09 GMT

Turkish Lira appreciates due to central bank's intervention

The Turkish Lira rebounded after the central bank engaged in a monetary tightening, where it sold $500 million in an auction. The currency jumped 0.8% to 1.9527 per U.S. Dollar so far today. The central bank already sold $2.9 billion since June 11 in order to curb depreciation, but added that the intervention is temporary. The Lira has lost 8.7%

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