Over 9.7 million worshipers throng Prophet's Mosque during first 10 days of Ramadan    Haramain Railway operates over 3,400 trips with 1.6 million seats during Ramadan    US thanks Saudi Arabia for hosting decisive Jeddah talks with Ukraine    TGA: Minimum fine of SR5,000 for firms failing to deliver postal shipments    Argentinian court begins trial of seven healthcare professionals over Maradona's death    Man lives for 100 days with titanium heart in successful new trial    US Education Department plans to cut half its workforce    EU strikes back against US steel and aluminum tariffs with retaliatory package    Indian Americans worried over US ties under Trump, survey reveals    Saudi and Turkish defense ministers discuss military cooperation in Jeddah    Saudi, US defense ministers discuss over phone efforts to strengthen security cooperation    Al Hilal crushes Pakhtakor to storm into AFC Champions League quarter-finals    Mahrez magic sends Al Ahli into AFC Champions League quarter-finals    Al Taawoun edges Tractor in penalty thriller to reach AFC Champions League Two semi-finals    Hosting US-Ukraine talks reflects Saudi Arabia's balanced relations, Cabinet affirms    Al-Jadaan and his US counterpart discuss ways to enhance financial and economic cooperation    Saudi Aramco CEO calls for a new global energy model at CERAWeek 2025    Singer Wheesung who wooed Korea with his ballads, found dead at 43    Prince Frederik of Luxembourg dies from rare disease    Real-life shipwreck story wins major book award    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Euro pares losses, world, European equities flat
Published in Saudi Press Agency on 07 - 12 - 2012

Global shares were little changed on Friday after a surprisingly strong U.S. jobs report for November was tempered by a drop in American consumer sentiment, Reuters reported.
The dollar trimmed its early gains after a report that senior European Central Bank Executive Board members opposed a rate cut supported by the majority at the ECB's most recent policy meeting earlier in the week.
The Dow Jones industrial average gained 28.83 points, or 0.22 percent, at 13,102.87. The Standard & Poor's 500 Index was down 1.25 points, or 0.09 percent, at 1,412.69. The Nasdaq Composite Index was down 18.68 points, or 0.62 percent, at 2,970.59.
The FTSEurofirst 300 index of top European shares and the MSCI world equity index were both flat.
The dollar soared to session peaks immediately following the jobs data, but the momentum faded as traders parsed the details. The euro further pared losses against the dollar as traders cited a Market News International report on the ECB's interest rate decision.
The euro had earlier been under pressure after Germany's central bank cut its growth outlook and pointed to risks of a recession as the three-year-old debt crisis takes its toll on the region's largest economy.
The euro fell to a session low of $1.2878 on Reuters data, matching the low set on Nov. 28. It was last down at $1.2945. The dollar index was up 0.1 percent, off earlier gains.
-- SPA


Clic here to read the story from its source.