Yen rebounds on BOJ 2-day policy meeting

Source: Bloomberg
Japan's currency recovered from the lowest level in 2 ½ years as the Bank of Japan two-day policy meeting commenced. The Japanese yen has declined 5.9% versus the U.S. dollar in the previous month amid speculation the BOJ will add stimulus to prop up the nation's economy. The Yen gained 0.5% to 89.61 per greenback after earlier trading at 90.25, the lowest since June 2010.
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Mon, 21 Jan 2013 08:56:06 GMT

Gold slid in profit-taking, firm greenback

Precious metals except for silver snapped a four-day winning streak on profit-taking after weak consumer sentiment data from the US. Meanwhile, market players are likely to remain focused on the BoJ meeting, the Eurozone finance ministers' meeting and the US debt ceiling talks due this week.Gold retreated as investors locked in gains after the previous rally. Weak US consumer sentiment

Fri, 18 Jan 2013 19:02:31 GMT

UK Shares advance despite declining retail sales

U.K. Stocks rose extending their gains as the FTSE 100 Index was at its highest since May 2008. The gauge advanced on expanding Chinese economy and better than expected data for the world's largest economy. The Chinese data offset U.K. retail sales figure that fell unexpectedly 0.1% in the last month. The FTSE 100 advanced 0.6%, or 38.73 points, to

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