Japan stocks retreat ahead of Elections

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Associated press
Japanese stocks declined before the parliament elections this weekend, paring a four straight day climb in the Topix index, as the non-ferrous metal companies led declines. The Topix slipped 0.8% to 1,211.98 Tokyo time at the close, after adding 0.8% and the equity-benchmark has gained 0.8% weekly. The Nikkei 225 Stock Average fell 1.5% to 14,589.91.
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Fri, 19 Jul 2013 09:19:05 GMT

Euro advanced before G-20

After Ben Bernanke's speech did not provide any guidance or clear signs on QE, currency traders brought the Dollar lower versus the Euro, while markets expect the start of G-20 meeting in Moscow. The common currency advanced 0.17% to $1.3131 against the greenback and gained 0.15% to 0.8622 versus the Sterling.

Fri, 19 Jul 2013 08:57:08 GMT

Corn falls on U.S. weather conditions

Corn prices decreased for a third consecutive day on indications that weather in the U.S. might boost crop yield. Contracts for commodity's delivery in December dropped 0.6% to $4.98. Futures dropped 1.9% so far this week, while corn prices slid 28% this year as the U.S. expands its production after last year's drought. Crop of 13.95 billion bushels is expected.

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