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European markets rebound on China data, Portuguese news LONDON: European stock markets leapt higher on Wednesday owing to strong economic growth data from China and an improved picture in Portugal, dealers said.London's FTSE 100 rallied 1.11 percent to 6,784.67 points as Britain's unemployment rate hit 6.5 percent in the three months to May the lowest point since late 2008.Frankfurt's benchmark DAX 30 index won 1.44 percent to 9,859.27 points meanwhile, and the Paris CAC 40 jumped 1.48 percent to 4,369.06.Milan's stock index surged 3.17 percent, Madrid's rose by 1.84 percent, and Lisbon's jumped 3.07 percent. Markets were also lifted by upbeat comments on Tuesday by US Federal Reserve chairwoman Janet Yellen suggesting that the US jobs market might continue to pick up.On top of that, official Chinese data showed that the world's second-biggest economy had expanded by more than expected in the second quarter of this year.US stocks were higher in New York too, with the Dow Jones ...

European stocks post solid gains LONDON: European stock markets bounced back on Wednesday, with upbeat Chinese growth data helping London's benchmark FTSE 100 index jump by 1.11 percent to 6,784.67 points at the close.In Frankfurt, the DAX index added 1.44 percent to 9,859.27 points, and in Paris the CAC 40 ended the day 1.48 percent higher at 4,369.06.Copyright AFP (Agence France-Presse), 2014 ...
Russian stocks take hit on sanctions fear; emerging stocks near 16-month highs LONDON: Fear of new economic sanctions pushed Russian equities to new five-week lows on Wednesday, while broader emerging stocks held off recent 16-month highs after hawkish noises from the Federal Reserve boosted U.S. assets.While Fed Chair Janet Yellen stressed that the inflation picture was not enough to accelerate anticipated interest rate hikes, she also hinted that an unexpected improvement in the job market could lead to faster rate rises than are currently priced in.Emerging currencies ...
FTSE reaches one-week high as mining companies gain, Meggitt surges LONDON: Britain's top share index hit a one-week high on Wednesday, as engineering firm Meggitt gained on bid speculation and mining companies rallied after a strong update from Rio Tinto and encouraging growth data from China.The FTSE 350 mining index surged 1.7 percent, making it the sector that gained the most in the FTSE 350 , which was up 1 percent. The blue-chip FTSE 100 index rose 0.9 percent to 6,772.85 points by 1021 GMT.Growth ...
European markets rebound on China data, Fed comments LONDON: Europe's stock markets rebounded Wednesday on the back of bright economic growth data in China and upbeat comments from the Federal Reserve, dealers said. In midday deals, London's FTSE 100 rallied 1.02 percent to 6,778.72 points, as data showed Britain's unemployment rate hit 6.5 percent in the three months to May -- the lowest point since late 2008.Frankfurt's benchmark DAX 30 index meanwhile won 1.37 percent to 9,852.19 points and the Paris CAC 40 ...
Russian shares down on fear of sanctions, rouble stable MOSCOW: Moscow shares fell for the third straight session on Wednesday, with investors worried that Russia may be hit by another wave of sanctions for its involvement in Ukraine when European Union leaders meet later in the day.At 0700 GMT, the dollar-traded RTS index was down 0.5 percent to 1,345 points and the rouble-traded MICEX percent also lost 0.5 percent to 1,468 points, both extending their losses from the two previous sessions this week.Meanwhile the ...
China growth data lifts Europe shares, oil and metals LONDON: Stocks rose in Europe on Wednesday after China reported economic growth figures that were slightly stronger than markets had expected, although the reaction in Asia was more muted.The world's second largest economy expanded at a 7.5 percent annual pace in the second quarter, the statistics bureau said, just beating the 7.4 percent median forecast in a Reuters poll.The numbers, which also helped push crude oil and some industrial metals higher, confirmed the economy had ...


Index Closing Chg%
Arrow DJIA 16,563.30 1.88
Arrow Nasdaq 4,369.77 2.09
Arrow S&P 1,930.67 2.00
Arrow FTSE 6,730.11 0.64
Arrow DAX 9,407.48 1.94
Arrow CAC-40 4,246.14 1.53
Arrow Nikkei 15,620.77 0.16
Arrow H.Seng 24,756.85 0.10
Arrow Sensex 25,894.97 0.74

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln