France CPI grows more than expected in August

Source: RTTNews
French annual inflation posted a more-then-estimated increase in August, the Insee reported on Wednesday. The CPI surged 0.7% on month, compared to a 0.4% decline in July and exceeding forecasts of a 0.6% rise. On yearly basis, CPI advanced 2.1% in August after 1.9% in the previous month, rise was mostly due to a climb in energy prices.
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Wed, 12 Sep 2012 07:18:47 GMT

Asian equities gain on speculation China and U.S. extend stimulus programmes

Asian stocks showed positive performance as the MSCI Asia Pacific Index was up by 1% to 120.47 in the middle of Tokyo trading session. Today's trading extended gain of last four days and that was the longest winning period since July. Markets moved up after the ECB positive decision on unlimited bond-buying plan and continue to gain on speculation that China's and U.S. policy makers

Wed, 12 Sep 2012 08:35:48 GMT

Loonie advances before Fed's policy meeting

The Canadian Dollar rose to a 13-month high against the U.S. peer amid optimism measures taken by policymakers in Europe and the U.S. will reduce volatility. The Loonie strengthened for a fourth straight day ahead of policy meeting of the Fed. Canada's currency gained 0.5% to 97.30 cents per U.S. Dollar. One Canada's Dollar buys $1.02775.  

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