Pound gains after house prices record all-time high

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Source: Bloomberg
© Scanpix/FP
The British Sterling advanced against its U.S. counterpart on Friday paring weekly drop after a report showed that house price in United Kingdom increased to the highest level all-time suggesting that the country's economy is improving. Pound added 0.1% to $1.5985 as of 9:35 a.m. in London following a drop to $1.5914 yesterday, the least since September 18.

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Fri, 11 Oct 2013 12:25:11 GMT

Spain's consumer prices ease in September

Spanish consumer price inflation slowed down in the month of September matching preliminary estimates, a data revealed by the statistical office Ine showed on Friday. According to the data, Spain's harmonized index of consumer prices eased to 0.5% in September from a level of 1.6% recorded in the month before making it a 0.8% monthly change.

Fri, 11 Oct 2013 12:03:14 GMT

European shares advance

European shares gained, with the regional benchmark Stoxx Europe 600 Index rising for a second straight day, on speculation that U.S. officials are close to find a compromise on debt limit. The Stoxx 600 added 0.3% to 311.13 as of 9:24 a.m. London time, after it rose 1.7% on Thursday. The MSCI Asia Pacific Index climbed 1.3% today, while Standard

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