Pound rises to 2-year high versus U.S. Dollar

Note: This section contains information in English only.
Source: Bloomberg
The British Sterling strengthened on Monday reaching the strongest level in two years against the U.S. Dollar after the Bank of England official Andrew Bailey suggested that the country's central bank may implement measures to prevent house prices from increasing too fast. The Pound jumped 0.2% to $1.6371 as of 7:38 a.m. in London following an advance to $1.6484 on December 18, the most since August 2011.

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Mon, 23 Dec 2013 13:39:04 GMT

European stocks rise by most since April on IMF outlook

European shares increased on Monday rising for the fourth straight day with the benchmark index Stoxx Europe 600 recorded the largest climb since April as the International Monetary Fund officials revealed that the U.S .economy may grow faster. The Stoxx Europe 600 Index surged 0.2% to 321.69 as of 8:10 a.m. London time and it has advanced 15% this year.

Mon, 23 Dec 2013 13:11:03 GMT

Spain's producer price index falls in November

Producer price in Spain declined for the second successive month in November on an annual basis mainly due to a 1.9% drop of immediate goods producer prices, the latest data revealed by the statistical office Ine showed on Monday. The country's producer price index slipped 0.6% in November after falling 0.2% in October and rising 0.1% in September.

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