Thursday, 18th December 2014

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London midday: Stocks jump as Fed signals "patience", resource shares gain

Thu 18th Dec 14, 11:41:5

Upbeat economic data and a positive reaction to comments from the Federal Reserve were helping to push UK stocks higher on Thursday, with markets in positive territory for the third straight day.

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Construction in the Eurozone rises at fastest pace in 2014 in October

Construction in the Eurozone rose at the fastest pace this year in October, as households and businesses look to be more inclined to invest. 2 hours ago

Europe midday: Stocks rise after rise in German business confidence, UK retail sales

European stocks advanced as investors weighed an increase in German business confidence and better-than-forecast UK retail sales data. 19 minutes ago

Business confidence in Germany rises in December

German business confidence rose in line with expectations in December, the IFO Institute for Economic Research on Thursday revealed. 3 hours ago

UK retail sales in November grow 6.9% year-on-year

UK retail sales grew more than forecast in November, boosted by Black Friday sales, according to the Office for National Statistics (ONS). 3 hours ago

Asia: Stocks higher following US Fed statement

Asian stocks on Thursday rose following comments from the US Federal Reserve that it will be "patient" to tighten monetary policy. 3 hours ago

Broker tips: Tesco, Friends Life, Imagination Technologies

Shore Capital has welcomed new measures by Tesco to "crank up the customer service" ahead of Christmas, suggesting that competition from the rival discounters may be waning. 54 minutes ago

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