Scoreboard: Portuguese unease

European markets fell on fears the weakness in Portugal’s banking system could spread, while the price of gold jumped on safe-haven inflows.

In US economic data new claims for unemployment insurance (jobless claims) fell by 11,000 to 304,000 in the latest week. Wholesale sales rose by 0.7 per cent in May, in line with forecasts, while inventories rose by 0.5 per cent.


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