Swiss stocks decrease

Source: Bloomberg
Swiss stocks tumbled, after SMI's two-day rally, after Japan reduced its economic assessment for the first time in 10 months. On Tuesday, the Swiss Market Index declined 0.7% to 6,443.70. The measure has still surged from the year's weakest level on June 4. The Swiss Performance Index slipped 0.7%.
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Tue, 28 Aug 2012 18:06:07 GMT

Treasury 10-year rate hits two-week low amid economic slowdown

Treasury 10-year rate slipped to a two-week low after the outlook for weaker global economic growth and controlled U.S. inflation fuelled demand for U.S. government notes. The 10-year yield fell 0.02 percentage point to 1.63%, the least since Aug. 13. The 1.625% note maturing in August 2022 rose 5/32 to 99 29/32.

Tue, 28 Aug 2012 17:22:07 GMT

Loonie gains amid rise in crude oil

Canada's currency rose for the third day against the U.S. Dollar after crude oil, the nation's major export, rallied. On Tuesday, the Loonie advanced 0.3% to 98.76 cents per U.S. Dollar, after reaching 98.43, the highest since May 3. One Loonie buys $1.0126. Economists forecast a report this week to show Canada's GDP rising for a fourth consecutive quarter.

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