Japanese equity appreciates on weak Yen

Source: Bloomberg
Japan's Topix Index rose 1.8% to 1,039.32 points and Nikkei 225 gained 0.4% to 12,333.30 in the end of Asian trading session on Monday. Investors in Japan were positive, as improving macro economic data in the U.S. rises confidence in the global economy and the Yen is the weakest in last three and a half year versus the U.S. Dollar, allowing domestic exporters be more competitive and boost exports.
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Mon, 11 Mar 2013 07:59:03 GMT

U.S. Dollar is close to a seven-month high on improving economic situation

The Dollar Index increased by 0.1% to 82.752 points in Asian session on Monday, after reaching 82.924 last week, the highest level since 8th of August. The U.S. Dollar gained 3% in last three months, as economic data signal about a strengthening recovery in the U.S. and stimulating demand for the domestic currency. Traders bet on an increase in retail sales,

Mon, 11 Mar 2013 07:48:04 GMT

Swedish industrial output declines slower than expected in January

Industrial production in Sweden slowed down at a faster rate than economists' projected in January mainly due to declines in machinery industry and the motor vehicle industry, the Statistics Sweden reported on Friday. Year-on-year, the industrial production slipped 7.8% in the first month of 2013 compared to a 4.8% drop preliminary forecast, on a monthly basis the industrial output fell

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