Europe stocks gain on China stimulus expectations

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Source: Marketwatch
Resource firms supported advance of European stocks, with markets gaining on Asian stock exchanges after weak China's manufacturing data fueled speculation about additional monetary easing. On Monday, the Stoxx Europe 600 Index surged 0.5% to 267.68, after a 0.5% rise on Friday. The FTSE 100 Index gained 0.7% to 5,749.08. The Dax added 0.4% to 6,996.64.
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Mon, 03 Sep 2012 13:13:23 GMT

U.S. Dollar rebounds; Pound fluctuates amid U.K. PMI

The U.S. Dollar climbed against major peers on Monday, rebounding after last weeks losses amid Ben Bernanke's talk about further monetary stimulus. The Sterling fluctuated after the U.K. manufacturing PMI data posted weakening of the slowdown. On Monday, the ICE Dollar Index surged to 81.31 from 81.242 on Friday. The Pound was stable at $1.588. The EUR/GBP slid 0.82% to

Mon, 03 Sep 2012 14:25:24 GMT

Gold rocketed to a five-month high after data

Gold futures rocketed to a five-month high, as weak Chinese manufacturing data added to hopes that Chinese policymakers will soon introduce more stimulus measures. Gold for December settlement jumped 0.4 per cent, to $1,693.50 per ounce, adding gains to a 1.8 per cent rally on Friday.

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