Japan's industrial output declines

Source: Bloomberg
Japan's industrial output unexpectedly fell, while confidence of South Korean manufacturers declined to a 3-year low, indicating further implementation of fiscal and monetary measures. Production declined by 0.1% in June from the previous month, when it fell 3.4%, said Japan's Trade Ministry. According to the South Korean central bank, the confidence index decreased to 70 for August from 81 for July. 
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Mon, 30 Jul 2012 06:46:48 GMT

Oil lifits amid stimulus expectations

Oil futures climbed to the week high in New York upon belief that U.S. and European authorities will boost economic growth and worries about Middle East unrest spreading and slowing down the supply. On Monday, September delivery oil rose 0.9% to $90.95 per barrel, overall advancing to the first monthly increase in three months.

Fri, 27 Jul 2012 19:40:40 GMT

Euro pushed higher on Friday

The Euro advanced versus the greenback on Friday, and touched its highest level in three weeks. The boost was provided by German and French leaders' joint statement, providing hopeful news for the single currency. The Euro jumped 0.7 per cent to $1.2369 from yesterday's $1.2284. On the contrary, the ICE dollar Index erased 0.41 per cent and fell to 82.529.

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