Canada's Dollar drops with Fed tapering in focus

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix\AFP
The Canada's Dollar declined for the second day amid speculation the Federal Reserve may begin to start stimulus tapering next week, which is expected to send the U.S. Dollar lower. The Canadian currency dropped 0.1% to C$1.0335 versus the greenback, while the U.S. retail sales advanced only by 0.2% in August.
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Fri, 13 Sep 2013 15:05:08 GMT

U.S. companies' inventories jump above expectations

Despite worries on the Federal Reserve's future decision about stimulus tapering, U.S. companies stockpiles inched up for the third time this year. Inventories of U.S. businesses rallied 0.4% in July, overshooting analysts' expectations of a 0.2% rise. Manufacturers' reserves increased 0.2% in July, while shipments of their products rallied 1.1%.

Fri, 13 Sep 2013 14:04:03 GMT

Italy's 10-year bonds fall as Portugal's plummet for fourth day

Italian 10-year government bonds decreased for the first time in three days after Euro block's officials boosted concerns that political instability in Italy may threaten economic reforms. Portugal's government bonds plummeted for the fourth day in a row, with benchmark 10-year note yields jumping to and almost two-month high. The Italian benchmark 10-year bond yields inched up to 4.56%.

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