Friday 7 June 2013

Global cues -U.S. Employment Data



In the U.S,a report shows that companies boosted payrolls by 163,000 workers last month, after they increased 165,000 in April, according to the forecast of 90 economist survey. The unemployment rate held at a four year low of 7.5 %

German Industrial production stagnated in April after a 1.2% rise the previous month, Ipsen rose 2.2 percent to 27.63 euros sachs raised its recommendation on the french drugmaker to buy from neutral, citing a turning point in its transition to growth. Deutsche Telekom climbed 1percent to 8.76 euros.

The Stoxx 600 rose 0.2 percent to 292.13 in London. The benchmark gauge has rallied 4.4 percent so far this year as central banks around the world continued their stimulus measures. standard & Poor's 500 Index futures lost 0.2 percent, while MSCI Asia pacific index declined 0.4 percent.

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