Japan bank lending up for 10 month

Note: This section contains information in English only.
Source: MNI
Japan's outstanding bank loans increased 1.0% on year to Y396.4 trillion in July, reflecting the 10th consecutive year-on-year gain amid constant gradual improvement in corporate funding demand, reported by the Bank of Japan on Wednesday. The July rise followed 0.8% growth in June and was the strongest since October 2009 reading of 1.5%.
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Wed, 08 Aug 2012 07:35:12 GMT

Gold drops on strengthening Dollar

Gold declined after a three-day rally as its rise to a week high boosted sales and as the U.S. Dollar's strength weakened demand for the metal as an alternative investment. On Wednesday, spot gold fell 0.2% to $1,609.15 per ounce, after rising to $1,618.40 yesterday, the strongest since August 1. Bullion for December delivery dropped 0.1% to $1,610.70 per ounce.

Wed, 08 Aug 2012 13:55:12 GMT

Greenback turned lower on Eurozone's hopes

On Tuesday, August 7, the greenback remained lower versus the Euro and other major currencies amid hopes that the ECB will soon make decisive actions to stem the debt crisis in the Eurozone. In order to lower Italian and Spanish borrowing costs, the ECB may soon resume bond-buying program.  The shared currency strengthened against the greenback during today's New York trading session, with EUR/USD adding 

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