Gold prices advance as Federal Reserves sticks to stimulus

Note: This section contains information in English only.
Source: WBP Online
Gold was seen climbing on Thursday as the Federal Reserves maintained its current monetary stimulus programme unchanged, meaning that the central bank will continue asset purchases in total of $85 billion per month. The yellow metal rose 0.78% to $1,323.30 per ounce, while silver was traded 0.46% higher at 19.720 per ounce. 
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Thu, 01 Aug 2013 11:31:08 GMT

European shares increase on Bank earning, Chinese report

European shares jumped for the fourth day as banks inched up on better-than-expected earnings at Societe Generale and Lloyds Banking Group Plc while China's manufacturing report fueled mining companies. The Stoxx Europe 600 Index added 0.8% to 302.09. Societe Generale rose 7.7% and Lloyds jumped to the highest level since October 2010. 

Thu, 01 Aug 2013 11:08:05 GMT

Pound rises against Euro on U.K. manufacturing data

The British Pound has appreciated for the first time in more than a week against the Euro after manufacturing in the U.K. rose more-than-expected. The Sterling rose 0.4% to 87.14 pence per Euro, while it dropped 0.1% to $1.5198 after dropping 0.5% earlier today. The factory output index increased from 52.9 to 54.6, while experts predicted a drop to 52.8.

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