U.S. equities climb after Bernake's speech

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP
U.S. equities increased after Fed Chairman Bernanke commented that bond purchasing has not been on a preset plan. The S&P gauge advanced 0.2% to 1,680.36 as of  9:30 a.m. New York time. Ben S. Bernanke revealed that the Federal Reserve is willing to keep flexibility in its monetary policy and will respond to economic data.
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Wed, 17 Jul 2013 15:49:05 GMT

Sterling climbs as BOE officials are against expanding stimulus

The U.K. Pound advanced versus the greenback and the 17-nation currency after the Bank of England released its minutes of most recent meeting. The minutes showed that officials voted against expansion of monetary stimulus progamme. The currency gained 0.6% to $1.5248 as of 2:29 p.m. in London after decreasing to $1.5079 previously.

Wed, 17 Jul 2013 15:27:04 GMT

House-building in U.S. declines to the lowest in a year

Housing starts in the U.S. unexpectedly decreased in June to the lowest since August 2012. Number of construction starts dropped 9.9%, a larger decline than any expert expected. The decline in activity in June came even as home builders sentiment index increased from 51 to 57 in July, a seven-year high. The rate for a 30-year mortgage advanced 4.51%.

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