Aussie falls as South Pacific market outlook worsen

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Source: Bloomberg
The Australian Dollar declined on Wednesday reversing an earlier increase after the Chinese market recorded losses as money-market rates raised damping confidence of investors in the South Pacific overseas market outlook. The so-called Aussie slipped 0.4% to 96.69 U.S. cents by 3:23 p.m. Sydney time following and earlier increase to 97.58, the most since June 4.

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Wed, 23 Oct 2013 08:16:03 GMT

Japanese equities fall as Topix records largest drop in 2 weeks

Japanese shares dropped on Wednesday pushing the local benchmark index towards the biggest decline in a two-week period after the country's currency improved against the U.S. Dollar and as Asian shares fall on lower Chinese money-market rates. The Topix Index slid 1.3% to 1,198.74 by 1:37 p.m. Tokyo time following an earlier gain of 0.7%.

Wed, 23 Oct 2013 07:43:07 GMT

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