U.S. shares surge on Fed minutes

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Source: Reuters
Wall Street shares closed higher on Wednesday trading session erasing previous day's loss as the U.S. Federal Reserve released minutes from the last policy meeting showing that the bank may tighten its stimulus measures soon. The Dow Jones industrial average gained 0.97% to 16,533.06 points, the S&P 500 added 0.81% to 1,888.03 and the Nasdaq Composite index rose 0.85% to 4,131.54.

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Thu, 22 May 2014 08:06:05 GMT

Asian stocks surge on favourbale China's data

The majority of Asian shares increased on Thursday trading session with the Japanese benchmark stock index leading gains rising towards the highest level in a year after a factory report from China showed an improvement in the sector. The MSCI Asia-Pacific gauge outside Japan surged 1.1% to 188.20 points and the Shanghai Composite index jumped 0.5%.

Wed, 21 May 2014 11:10:06 GMT

Eurozone current account surplus declines amid trade balance

Current account surplus in the Eurozone dropped further in March of this year, as trade surplus of both goods and services slipped consierably, while other indicators improved. The surplus reached 18.8 billion euro versus 21.8 billion euro in February. Trade surplus plummeted from 15.5 billion euro to 13.8 billion euro, while positive balance of services decline to 8.5 billion euro

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