Asian stocks rise on positive U.S. factory data

Note: This section contains information in English only.
Source: Bloomberg
Asian stocks advanced after U.S. manufacturing unexpectedly increased and the Fed Chairman Ben S. Bernanke pledged to continue record stimulus, improving the outlook for exporters. The MSCI Asia Pacific Index rose 0.3% to 122.27. Australia's S&P/ASX 200 Index jumped 0.9% and New Zealand's NZX 50 Index advanced 1.1%. Japan's Nikkei 225 Stock Average gained 0.2% and South Korea's Kospi Index climbed 0.1%.
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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

Tue, 02 Oct 2012 08:00:05 GMT

Euro might decline to the lowest level in 3 weeks

The common currency might decline to a 3-week low versus the U.S. Dollar after falling below its 200-day MA, according to ING Groep NV. The Euro is poised for extending losses to $1.27 throughout next 2 weeks as the currency is approaching its 50-day MA at $1.2581. The Euro advanced 0.2% to $1.2888 at 12:52 London time after declining as

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