Gold edges higher on Thursday

Note: This section contains information in English only.
Source: Marketwatch
On Thursday, July 19, gold futures for August settlement advanced 0.7 per cent, to $1,581.90 per ounce, after gold lost $21 during the past three trading sessions, as the disappointment with Ben Bernanke's testimony dragged prices down. At the same time, other precious metals also increased in value. Copper for September delivery rose 1.6 per cent, to $3.53 per pound, and September silver also jumped 0.9 per cent, to $27.33 per ounce.
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Thu, 19 Jul 2012 16:49:20 GMT

Deutsche Bank to make thousand people redundant

Deutsche Bank to fire around 1,000 employees, almost a tenth of its investment banking staff at the end of this month.  In order to fight a deceleration in capital markets activity, Germany's flagship lender to follow global investment banks, such as Credit Suisse, UBS and Goldman Sachs to cut staff.  According to sources familiar with the matter, staff will be redundant mainly outside Germany.

Thu, 19 Jul 2012 16:58:33 GMT

U.K. stocks turned green as more people are employed

On Wednesday, July 18, an unexpected decline in U.K.'s unemployment rate boosted markets higher. The FTSE 100 index advanced 1.01 per cent to 5,685.77 and British pound strengthened versus the single currency 0.17 per cent to 0.7839. Meanwhile, the boost was supported by the increase of Fresnillo PLC shares by 1.56 per cent, BHP Billiton rose 2.02 per cent and Rio Tinto PLC also increased

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