Asian shares rebound from 6-week low amid Yellen's comments

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Source: Reuters
Asia's equities increased on Thursday rebounding from the lowest level in six weeks as the Federal Reserve Vice Chair Janet Yellen claimed that the central bank's stimulus program may not be supporting economy for longer than needed. The MSCI broadest Asia-Pacific index outside Japan advanced 1.0% following a drop to the six week low yesterday.

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Thu, 14 Nov 2013 08:14:08 GMT

Wall Street reaches new record high amid Yellen's comments

Stocks on Wall Street increased on Wednesday reaching their new all-time highs led by customer discretionary shares as Macy's reported earnings and as the Federal Reserve Vice Chair Janet Yellen commented Fed's monetary program. The Dow Jones industrial average gained 0.45% to 15,821.63, the Standard & Poor's 500 Index added 0.81% to 1,782 and the Nasdaq Composite Index jumped 1.16%

Wed, 13 Nov 2013 14:38:05 GMT

Loonie advances from lowest level in two months

The Canadian Dollar strengthened from the lowest level in two months after nation's finance ministry stated that its budget surplus will be bigger starting in year 2015. Canada's currency added 0.1% to C$1.0484 per U.S. Dollar as of 8:32 a.m. Toronto time. It reached C$1.0509 on Tuesday, the lowest level since September 5.

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