U.S. stocks advance on monetary policy and unemployment news

Note: This section contains information in English only.
Source: Bloomberg
The Standard & Poor' 500 gauge climbed above 1,700 after several central banks said to continue accommodative monetary policy and unemployment insurance claims dropped to a five-year low. The benchmark added 0.9% to 1,700.33 as of 9:33 a.m. in New York. Current news positively affects stock markets as they are driven by the Federal Reserves policy and good earnings.
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Thu, 01 Aug 2013 15:58:07 GMT

Manufacturing in U.S. expands more than expected

Manufacturing in the United States not only grew more than analysts expected, but also did it at the fastest pace in at least two years. The Institute of Supply Management manufacturing gauge rose from 50.9 to 55.4 points in July, the highest level sine the summer of 2011. The advance exceeded any economists' forecast that participated in a Bloomberg poll.

Thu, 01 Aug 2013 15:36:10 GMT

Czech National Bank keeps key rate at "technical zero"

Czech central bank decided to keep its key interest rate at 0.05, also called "technical zero", which is nearly half a point lower than The European Central bank's rate. Currently, authorities have not made any further comments before the news conference at 4:00 p.m. Prague time. The Koruna added 0.2% to 25.913 per Euro at 12:31 Prague time.

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