Loonie advances on positive U.S. manufacturing data

Note: This section contains information in English only.
Source: Bloomberg
Canada's Dollar strengthened versus most of its counterparts amid positive manufacturing data from the U.S., the country's largest trading partner, which boosted an increase in stocks and positive risk sentiment. The so-called Loonie rose 0.1% to 98.23 cents per U.S. counterpart, after advancing as much as 0.4%. One Canada's Dollar buys $1.0178.
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Tue, 02 Oct 2012 07:48:46 GMT

RBA cut its cash rate to 3.25%

The Reserve Bank of Australia unexpectedly cut its benchmark rate for the first time since June at its October policy meeting, stating a decline in commodity prices and signs that the nation's mining investment boom fades as the main reasons. The RBA has decided to cut the interest rate by 25 basis points or 0.25% to 3.25%, the level last

Mon, 01 Oct 2012 16:53:40 GMT

European stocks edged higher on Monday

European stocks were boosted by the surprise increase in the U.S. manufacturing activity, as well as upbeat comments by EU Commissioner Olli Rehn. The Stoxx Europe 600 Index added 1.4% to close at 272.33; French CAC 40 Index added 2.4% to 3,434.98, while German DAX 30 Index closed 1.5% higher at 7,326.73.

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