{"id":45748,"date":"2013-12-24T07:07:40","date_gmt":"2013-12-24T12:07:40","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=45748"},"modified":"2013-12-24T07:07:40","modified_gmt":"2013-12-24T12:07:40","slug":"shares-in-europe-advances-fifth-day-in-a-row","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/12\/24\/shares-in-europe-advances-fifth-day-in-a-row\/","title":{"rendered":"Shares in Europe Advances Fifth Day in a Row"},"content":{"rendered":"<p><strong>By <u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n<p>Shares in Europe extended its gains for the fifth day in a row as copper climbed and the greenback strengthened before the release of the US durable goods reports.<\/p>\n<p>The Stoxx Europe 600 Index advanced 0.2% higher, the longest winning-streak in almost two months, while the Standard &amp; Poor\u2019s 500 Index were slightly changed. The US dollar strengthened against 12 major currencies.<\/p>\n<p>Analysts are predicting a rise in US durable goods in November, following its previous drop in October.<span id=\"more-3149\"><\/span><\/p>\n<h2><span style=\"text-decoration: underline\">Shares &#8211; US Dollar<\/span><\/h2>\n<p>The greenback strengthened 0.1% to 104.25 yen after reaching the highest level of 104.64 yen on December 20. The US dollar gained 0.2% to $1.3675 against the 17-bloc euro and advanced 0.1% to 89.23 US cents against the Australian dollar.<\/p>\n<p>The Japanese yen declined by 15% this year, according to analysts forecasts. The US dollar strengthened by 4.2%, while the euro rose 8.4% higher.<\/p>\n<p>Treasures dropped to the lowest level to stocks in almost four years yesterday. The ten-year treasury yield lessened to 3.10 percentage point after the Federal Reserve\u2019s decision to reduce its monthly bond purchases by $10 billion to a total $75 billion.<\/p>\n<p>Meanwhile, the People\u2019s Bank of China (PBoC) auctioned 29 billion yuan ($4.8 billion) into the financial system in order to end the cash crunch that\u2019s affecting the economy.<\/p>\n<p>The MSCI Emerging Market Index rose 0.2% higher, close to a two-week high. While the Hong Kong\u2019s Hang Seng index rose 1.8%, the highest level in a month. Borsa Istanbul 100 Index gained 0.7%, picking up from the previous month\u2019s loss of 9.5%.<\/p>\n<p>Copper jumped $7,266 a metric ton; however prices are expected drop by 8.4% this year.<\/p>\n<p>&nbsp;<\/p>\n<p><strong><i>Get $100 FREE Funded into your MT4 Account as well as many more amazing benefits! Register with HY Markets today.<\/i><\/strong><\/p>\n<p><strong><a title=\"http:\/\/www.hymarkets.com\/english\/reg\/reg.hyml\" href=\"http:\/\/t.co\/u0KZCUarTb\" target=\"_blank\">http:\/\/www.hymarkets.com\/english\/reg\/reg.hyml\u00a0\u2026<\/a><\/strong><\/p>\n<p>The post <a href=\"http:\/\/blog.hymarkets.com\/world-market-news\/shares-in-europe-advances.html\">Shares in Europe Advances Fifth Day in a Row<\/a> appeared first on <a href=\"http:\/\/blog.hymarkets.com\">| HY Markets Official blog<\/a>.<\/p>\n<p> Article provided by <strong><u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By HY Markets Forex Blog Shares in Europe extended its gains for the fifth day in a row as copper climbed and the greenback strengthened before the release of the US durable goods reports. The Stoxx Europe 600 Index advanced 0.2% higher, the longest winning-streak in almost two months, while the Standard &amp; Poor\u2019s 500 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/12\/24\/shares-in-europe-advances-fifth-day-in-a-row\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Shares in Europe Advances Fifth Day in a Row&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-45748","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/45748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=45748"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/45748\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=45748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=45748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=45748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}