Asian stocks tumble due to US consumer confidence report

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Source: Bloomberg
© Scanpix/FP
Asian shares dropped for the second straight session on Wednesday reducing the local benchmark index's largest monthly gain since January last year after a report showed that US consumer confidence fell to its lowest level in four months. The MSCI Asia Pacific Index declined 0.2% to 140.24 at 2:20 p.m. Hong Kong time as 9 out of 10 companies tumbled.

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Wed, 25 Sep 2013 08:36:03 GMT

Germany's benchmark bunds trades at lowest level in 3 weeks

German 10-year government bunds rose on Wednesday extending its series of gain as data showed that consumer confidence in the Europe's largest economy advanced more than economists initially estimated. Benchmark 10-year yielded bonds slipped to the lowest level in a three-week period and were traded at 1.84% as of 7:18 a.m. in London.

Wed, 25 Sep 2013 08:00:04 GMT

New Zealand Dollar slips after trade deficit data

The Kiwi declined versus all of its most-traded peers, prolonging yesterday's biggest monthly fall versus the U.S. Dollar, after nation's trade deficit surprisingly widened. The New Zealand currency slipped 0.7% to 82.26 U.S. cents at 4:45 p.m. Sydney time, while the Aussie dropped 0.3% to 93.59 U.S. cents after depreciating 0.4% on Tuesday.

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