China's stocks slip for a forth straight day

Note: This section contains information in English only.
Source: Bloomberg
The Shanghai Composite Index lost 1.4% and decreased to 2,277.70 points by midday trading session in Beijing on Tuesday. The major China's equity gauge is on a slide for a four straight day, which is the longest falling streak in last three months. Investors are concerned about macro economic numbers, which do not signal that domestic economy maintains its strength as it did in previous years, thus traders sell their assets to lock profits, as analysts say.
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Tue, 12 Mar 2013 08:32:04 GMT

Yen drops on Bank of Japan comments

The Japanese Yen was lower by 0.2% to 96.51 per the U.S. Dollar in the second part of Tokyo trading session on Tuesday. During today's session, the pair touched 96.71, the weakest level of the Yen since August, 2009. Also, today macro data showed, that prices in the country reduced for an eleventh month, meaning that deflation entrenches in Japan.

Wed, 13 Mar 2013 14:07:46 GMT

AUD/USD retests the 20-day SMA

During Friday's trading session the pair sharply dropped to the weekly PP level at 1.0209, but today the pair has already regained its position and even surged above the 20-day SMA, which is currently located at 1.0257.

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