Mexican Peso gains on U.S. budget speculations

Note: This section contains information in English only.
Source: Bloomberg
The Mexican Peso advanced by 0.3% to 12.8090 per U.S. Dollar in the end of Mexico City trading session on Monday. The Peso reached a seven week high, as investors traded positive on optimism that U.S. lawmakers are making progress in next year U.S. budget agreement. This deal will allow to avoid the fiscal cliff and recession in the U.S. and thus will boost a demand for the Latin American goods.
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Tue, 11 Dec 2012 11:04:51 GMT

Japanese equities slip on Nuclear Regulation Authority announcement

The Topix Index lost 0.3% to 786.07 points and the Nikkei 225 slipped down by 0.1% to 9,525.32 points during Tokyo trading session on Tuesday. Japanese index fall mainly on utilities decline, as the Nuclear Regulation Authority announced that possible earthquake risk might prevent the restart of reactors operated by the Japan Atomic Power Company, therefore the cost of electricity

Tue, 11 Dec 2012 10:43:00 GMT

Asian stocks advance ahead of Fed's meeting

Asian stocks advanced before the Fed's policy meeting and as a progress in the U.S. "fiscal cliff" talks is awaited. The MSCI Asia Pacific Excluding Japan Index rose 0.2% to 459.95, poising for the highest close since August 2011. Australia's S&P/ASX 200 Index added 0.4% and South Korea's Kopsi Index gained 0.1%. Hong Kong's Hang Seng Index advanced 0.2%, while

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