European shares decline on US growth data

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Source: Marketwatch
European equities extended a fall on Friday after lower than expected US economic expansion data. Stoxx Europe 600 Index lost 0.95% at 255.40 and French CAC 40 Index was 1.32% down at 3,318.76. UK FTSE 100 Index dropped 1.07% to 5,733.45 and German DAX 30 declined 0.43% and closed at 6,511.98
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Mon, 30 Jan 2012 10:18:54 GMT

China's bank announced slower real estate loan growth

The PBOC reported that the loans to the real estate sector slowed in 2011 while proportion in the real estate loans in the overall lending also decreased. The country's banks saw CNY 1.26 trillion new loans last year as compared to CNY 2.03 trillion in the preceding year. New loans to property market amounted 17.5% of the total new loans

Mon, 30 Jan 2012 11:21:36 GMT

Gold slides ahead of Greece's deal

Gold inched down, losing momentum created by the Fed's decision to keep low interest rates as investors focused on the Greek debt swap deal with private bondholders. COMEX gold April contract traded at USD 1,742.75 a troy ounce, on the New York Mercantile Exchange, easing down 0.01%.

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