Copper recovers amid risk off confidence, follows safe-haven assets

Note: This section contains information in English only.
Source: WBPonline
© Scanpix\AFP
Copper futures recovered as unrest in Syria intensified, damping investors' risk appetite, while the Federal Reserve tapering uncertainty still weighs. The December copper contract advanced 1.34% to $3.364 per pound. The U.S. Dollar index rallied 0.09% to 81.481 and gold gained 1.85% to $1,419.00 per ounce.
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Tue, 27 Aug 2013 16:01:08 GMT

Aussie falls against counterparts as volatility rallies to 6-week high

The Australian currency declined against all 16 major peers as volatility headed towards the highest level in six weeks, curbing demand for the currency. The Australian Dollar plummeted 0.8% to 89.58 versus the U.S. Dollar and New Zealand's Dollar retreated 0.6% to 78.02 against the greenback. One-month volatility for the Australian currency increased to 13.03%.

Tue, 27 Aug 2013 15:14:06 GMT

U.S. consumer sentiment rises to 81.5 in August

The U.S. Consumer Confidence Index advanced from 80.3 in July to 81.5 points in August. The number of consumers who expected business conditions to worsen decreased from 11.3% in July to 11.2% in August, while those expecting more jobs in future climbed from 16.7% to 17.6% and those expecting fewer jobs declined from 17.7%to 17.3%.

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