The pound strengthened the most in a month against the dollar and gilts fell after a report showed the U.K. economy avoided a triple-dip recession. European stocks were little changed, while the yen appreciated and gold climbed to a 10-day high.
Sterling climbed 1.1 percent to $1.5436 at 10:20 a.m. in London, the most since March 14, and the 10-year yield rose four basis points to 1.72 percent. Japanâ€™s currency advanced 0.3 percent to 99.22 per dollar after the Ministry of Finance said Japanese investors were net sellers of overseas debt for a sixth week through April 19. Gold jumped 1.1 percent as central banks in Russia and Kazakhstan raised purchases of the metal. Silver climbed 0.7 percent. The Stoxx Europe 600 Index rose 0.1 percent and Standard & Poorâ€™s 500 Index futures added 0.2 percent.
- 1Dollar Heads for Longest Rally Since 1967 on Divergence
- 1'Hundreds of thousands' of orders placed for Alibaba in debut: NYSE
- 1Stocks Rise as Investors Await Alibaba to Begin Trading
- 1Alibaba Indicated to Open Higher After Record U.S. IPO
- 1Cantor: â€˜Buyâ€™ Alibaba shares after IPO
- 1Markets rally as Scotland votes to stay | Top Forex Brokers
- 2Yellen says poor Americans live in â€˜soberingâ€™ conditions
- 2Pound rises to two-year high against euro
- 2Pound 2-Year High Shows Bets Scotland Votes â€˜Noâ€™
- 2U.S. Stocks Climb on Fed Optimism, Lower Jobless Claims
Become Our Fan
apple asia stocks asian stocks australian dollar bernanke boj china dollar draghi ecb economy eur eur/usd euro euro zone europe stocks european central bank european stocks eurozone eurusd facebook fed federal reserve forex forex news forex trading fx gbp/usd gold google greece imf obama oil pound spain stock stock market stocks swiss franc u.s dollar u.s. dollar u.s. economy u.s. stock u.s. stock futures u.s. stocks us dollar usd wall street yen