Goldman: Fed stimulus still has positive impact on economy

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
According to the announcement of the COO of Goldman Sachs bank Gary D. Cohn, American economy is still benefiting from the stimulus of the Federal Reserve. In September, the Fed decided to continue its assets' buying program of $85 billion monthly. Cohn said that the U.S. economic growth remains quite weak, while continuing stimulus would increase its chances to advance in the nearest future.
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Thu, 24 Oct 2013 14:12:10 GMT

Loonie falls to lowest level in two weeks

Canada's currency depreciated to the lowest level in two weeks after nation's central bank dropped the language on possible interest-rate increases, topic that the officials have talked about for approximately a year. The Canadian Dollar dropped 0.2% to C$1.0399 per U.S. Dollar as of 8:07 a.m. Toronto time and the currency slid to C$1.0408, the lowest since October 11.

Thu, 24 Oct 2013 13:31:09 GMT

U.K. shares rise on positive Chinese manufacturing data

U.K. shares gained, with the regional benchmark FTSE 100 Index bouncing off from its first decline in last 10 days, as Chinese manufacturing grew more than expected. The FTSE 100 added 0.3% to 6,694.69 as of 10:44 a.m. London time and it has risen 5.6% in the last nine days. The FTSE All-Shares Index climbed 0.3%, while Ireland's ISEQ Index

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