Gold continues to fall before U.S. payrolls

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Source: Bloomberg
© Scanpix/RS
Gold continued to decline on Tuesday falling for a third day before a report in the U.S. showed that the country's payrolls expanded by more than economists had expected signaling that the Federal Reserve may scale back its stimulus measures. Bullion for delivery in October slipped 0.1% to $1,314.70 an ounce as of 8:36 a.m. Singapore time following a 3.5% gain recorded last week.

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Tue, 22 Oct 2013 08:58:06 GMT

Loonie falls amid speculation BOC may downgrade economic forecast

The Canadian currency reversed on Tuesday snapping a three-day winning streak on concerns the Bank of Canada lowers its economic forecast after the U.S. government partially closed last week having an impact in the nation's largest trading partner. The so-called Loonie slid 0.2% to C$1.0304 per U.S. Dollar as of 5 p.m. Toronto time.

Tue, 22 Oct 2013 08:36:04 GMT

Emerging-market shares rise for fifth day amid Brazil stocks

Emerging-market equities gained for the fifth straight session as Brazil's benchmark index Ibovespa rallied to a five-month high amid increase of Petrobras and as China may boost financial aid to small business in order to maintain long-term 7% growth. The MSCI Emerging Markets Index rose 0.1% to 1,042.66, while the Ibovespa added 5.3% to the most since May.

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