Pound rises before economic report tomorrow

Note: This section contains information in English only.
Source: Bloomberg
The British Sterling increased on Monday snapping its two-day declined against its European counterpart before a government report showed that the United Kingdom economy slowed down in the last quarter of 2013. The Pound added 0.1% to 82.94 pence a Euro by 7:35 a.m. in London following a fall by 1.5% in the previous two sessions.

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Mon, 27 Jan 2014 09:47:33 GMT

German business sentiment rises more than predicted

Business confidence in Germany increased more than forecasted in January of this year, reaching the largest level in more than two years. The benchmark Ifo Index, which measures the sentiment of 7,000 German companies in all the main sectors of the economy, surged to 110.6 points versus 109.5 in December. Analysts expected the index to improve to 110 points in

Mon, 27 Jan 2014 10:55:05 GMT

Brent falls as inventories decline in U.S.

The European benchmark Brent crude declined on Monday after a report released by the Energy Information Administration showed that distillate fuels inventories in the U.S. dropped last week by 3.2 million barrels. Brent for March delivery lost as much as 33 cents to $107.55 per barrel on the London's ICE Futures Europe exchange.

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