World-equity index drops as retail sales' growth accelerates

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Source: Reuters
Global shares declined on Friday session with the world-stock index heading towards the biggest two-day fall in six months as the U.S. Dollar increased to the strongest level in five years versus the Yen after retail sales accelerated suggesting that the Federal Reserve may curb its stimulus. The MSCI world stock index decreased 2.5% in the last two weeks and traded at 392.18 as of 8:41 a.m. GMT.

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Fri, 13 Dec 2013 11:34:03 GMT

U.S. Dollar and Euro rise versus Yen on strong retail sales

The U.S. Dollar increased together with the Euro on Friday against the Japanese Yen after a government report showed that the U.S. retail sales accelerated last month suggesting that the U.S. Federal Reserve may trim its stimulus as soon as on the next policy meeting. The U.S. Dollar added 0.2% to 103.59 yen, while the Euro gained 0.2% to 142.43

Fri, 13 Dec 2013 11:12:03 GMT

Japanese equities rise as Yen drops versus U.S. Dollar on strong retail sales

Japan's shares increased on Friday with the benchmark local index Nikkei ending its three-day decline as the country's currency reached the lowest level in five years versus the U.S. Dollar after a government data showed that retail sales in the U.S. expanded. The Nikkei 225 added 0.4% to 15,403.11, while the Topix index dropped 0.3% to 1,238.88.

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