Sterling rises on positive GDP data

Note: This section contains information in English only.
Source: WBP Online
The Pound jumped against the Greenback on Tuesday, following the growth in the UK economy, showed in the second quarter. The Cable rose 0.17% to $1.5585, after being traded in red before the announcement of GDP data, which met the forecasts of 0.7% growth in Q2. The favourable economic-output numbers could trigger the BoE to consider the possible interest rate increase.
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Tue, 28 Jul 2015 14:48:12 GMT

Gold near 5-year low amid weak Chinese demand

Concerns over weaker imports to China along with a stronger Greenback (against the background of the expected US interest rate hike in September) dragged the price of the precious metal down even further today, leaving it near the 2010 low. Bullion's futures were down 0.40% to settle at $1,092 per ounce. Some experts believe Chinese gold imports will fall 40%

Tue, 28 Jul 2015 10:21:03 GMT

US stock futures gain on upcoming FOMC meeting

The US stock indices are set to open higher on Tuesday, on highly awaited Fed meeting. Moreover, traders are anticipating consumer-confidence data later in the day. The NASDAQ 100 Index rose 0.4% to 4,540.75 points, the S&P 500 futures advanced 0.5% to 2,075.25 points, while the futures of Dow Jones Industrial Average rose 0.4% to 17,475 points by 9:15 AM

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