European shares push higher on German sentiment and US data

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Source: Marketwatch
European equities rallied on Tuesday as German investor sentiment unexpectedly jumped in February and US retail sales reached the highest reading in five months. Stoxx Europe 600 index surged 1.8%, German DAX climbed 1.4% and French CAC 40 added 1.7%. British FTSE 100 index gained 1% and Italian FTSE MIB index jumped 2.1%. 
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Wed, 14 Mar 2012 08:23:09 GMT

Gold declines in electronic trading

Gold April futures dropped 1% or USD 16.50 to USD 1,677.90 per ounce during Asian session on the Comex division of the New York Mercantile Exchange. Precious metal prolonged losses from Tuesday as traders turned their attention to higher yielding assets and invested in stocks. May silver slipped 0.5% or USD 0.17 to USD 33.41 per ounce while copper for May

Wed, 14 Mar 2012 07:49:34 GMT

Aussie and Kiwi maintain gains against Yen

Australian and New Zealand Dollar climbed against their Japanese peer on Wednesday as appreciating commodities stimulated higher earnings expectations in exports. Both currencies declined against US Dollar on Fed's improved assessment of US economy. Aussie gained 0.2% versus Yen to JPY 87.71 and fell 0.1% against greenback to USD 1.0544. Kiwi advanced to JPY 68.28 versus and slipped 0.3% against its US peer to USD

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