Europe's stocks climb as companies report gains

Note: This section contains information in English only.
Source: Bloomberg
The Stoxx 600 Index advanced 0.3%, almost reaching the highest level in five years, after companies reported earnings that exceeded expectations. Alstom SA surged 3.6% after announcing increase in operating profits and said to rise two billion euros by asset sales. The largest temporary workforce provider Adecco SA jumped 4% after they reported increase in profit.
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Wed, 06 Nov 2013 11:23:06 GMT

Euro reports gains as Germany's PMI advances

The shared currency reported small gains of 0.17% versus the greenback, after the Europe's largest economy, Germany, reported Purchasing Managers' Index. The PMI advanced to 52.9 points, thus passing predictions of 52.3 points. The Euro has managed to bounce back from one month low, which was caused due to rise in unemployment last week. 

Wed, 06 Nov 2013 11:01:04 GMT

New Zealand increase in employment may lead to RBNZ interest-rate rise

New Zealand employment rose 1.2%, or by 27,000 jobs in the third quarter, which is the biggest increase since year 2007. The unemployment rate dropped 0.2% to 6.2%, thus matching the economist forecasts. Such surge in employment and business confidence will add pressure on inflation and wages, thus adding up to the possibility for Reserve Bank of New Zealand to

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