European stocks advance to highest level in six years

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Source: Bloomberg
European shares gained to a six-year high, as Unilever led food and beverage producers higher. The Stoxx Europe 600 Index added 0.3% to 336.56 as of 11 a.m. London time, making it the highest level in approximately six years. It is expected that the profits among Stoxx 600 companies will raise 13.4% on average in 2014, after 5.3% decline last year, according to analysts' estimates.
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Tue, 21 Jan 2014 13:43:04 GMT

German shares gain after China's central bank adds funds

German shares advanced to a record high after the People Bank of China pumped fund to the financial system. The DAX Index climbed 0.4% to 9,757.06 as of 12:23 p.m. Frankfurt time, increasing above index record high close of 9,742.96 last week and the equity-benchmark rallied 25% in 2013. The HDAX Index added 0.4% today.

Tue, 21 Jan 2014 15:35:03 GMT

Gold falls from 6-week high since investors assess demand outlook

Gold dropped from a six-week high due to investors' evaluation of rally's impact on demand when the Dollar appreciated. The futures of gold for immediate delivery fell 0.2% to $1,252.82 an ounce at 9:49 a.m. after reaching $1,265.35 yesterday, the strongest level in six months. Gold's 12-year appreciation ended in 2013, when the Fed decided to reduce its unprecedented monetary stimulus, forcing a rally in

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