U.S. stock-index futures advance slightly

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Source: Bloomberg
U.S. stock-index futures were little changed as investors speculated on when the Fed will start tapering and as equities declined for a fourth straight day. S&P 500 Index futures expiring this month gained less than 0.1% to 1,792.1 as of 10:12 a.m. London time; however, the gauge has jumped 26% this year. Dow Jones Industrial Average contracts fell less than 0.1% to 15,884 today.
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Thu, 05 Dec 2013 13:30:06 GMT

U.K. this year growth forecast raised to 1.4%

UK Chancellor of the Exchequer George Osborne stated that nation's economy will grow 1.4% this year, upgraded from the 0.6% forecasted in March, making it the first growth-forecast raise in three years. Later today the Bank of England will have a policy meeting; however, economists expect that the lawmakers will keep the benchmark interest rate at its record low.

Thu, 05 Dec 2013 13:08:06 GMT

Gold falls on speculation of Fed's tapering

Gold dropped in London as investors speculated on the Federal Reserve tapering before tomorrow's unemployment data release. The Yellow metal for immediate delivery declined 0.5% to $1,237.09 an ounce as of 8:09 a.m. London time, after its prices jumped 1.7% on Wednesday, the most since October 22. Bullion for February delivery fell 0.9% to $1,236.20 in New York.

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