Investors bid indices up on Friday ahead of U.S. labor market figures
which are expected to show the economy added about 196,000 private
sector jobs in December, with a steady unemployment rate of 7%. In
the U.K. unexpectedly weak output data weighs on the pound and appears
to push back the day when the Bank of England will raise rates from
0.5%. Switzerland¿s Swatch Group ticks higher after delivering an
upbeat assessment of 2013 earnings and promising ¿dynamic¿ year ahead,
while Britain¿s Tullow Oil gains on speculation that the $13 billion
company could be in the sights of Norwegian oil giant Statoil ASA.
No comments:
Post a Comment