The Loonie Declines on Growing Eurozone Concerns

Note: This section contains information in English only.
Source: Bloomberg
The Canadian Dollar has depreciated as oil prices declined by $3 per barrel. On Monday, Canada's currency reached its 11-day low of  C$1.0188 versus U.S. Dollar, falling 0.6%. However, it has risen to the record C$1.2327 versus the Euro, while the government bond yields have declined to 1.565%, the lowest level since 1950.
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Tue, 24 Jul 2012 08:57:31 GMT

Germany, the Netherlands and Luxemburg outlooks turn negative

On Monday, Moody's Investor Service lowered outlooks of Germany, the Netherlands and Luxemburg to the negative level. On the basis of the euro zone downturn Moody's expect those three countries to be bear main financial support and have most cash outflows.

Tue, 24 Jul 2012 05:36:37 GMT

Asian stocks tumbled as China's economy decelerates

Soon after the Chinese central bank lowered its forecast for nation's economic growth, Asian markets slipped down, already for a second day in a row. The MSCI Asia Pacific Index tumbled 1.9 per cent to 114.48; Hang Seng Index declined 3 per cent, Shanghai Composite Index erased 1.3 per cent. On the top of that Japan's Nikkei 225 Stock Average dropped by 1.9 per

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