Global shares rise on U.S. GDP

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Source: Reuters
Global equities advanced on Friday trading session after a report showed that gross domestic product in the country grew at the fastest rate in two years and as the Federal Reserve announced yesterday on the central bank's policy meeting it tapers off its stimulus program by $10 billion. The MSCI all-country gauge added 0.4% to 400.1 points, traded near its 3-year high.

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Mon, 23 Dec 2013 06:34:03 GMT

U.S. Dollar rises on strong economic data in Q3

The U.S. Dollar strengthened on Friday hitting the strongest level in five years against the Japanese Yen and was set to record the best weekly performance since November after a government data unveiled that the U.S. economy grew by 4.1% in the third quarter. The so-called Greenback advanced 0.2% ti 104.42 after reaching the most since October 2008 at 104.64

Fri, 20 Dec 2013 13:06:10 GMT

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