Emerging markets shares fall 2.1% this week

Source: Bloomberg
Shares of emerging markets decreased for the fourth successive session on Thursday recording its longest losing streak in a five-week period after a data showed that Chinese developers stocks contracted and as South Korea maintained its interest rated unchanged on Thursday. The MSCI Emerging Markets Index dropped 0.5% to 1,043.62 extending this week's fall to 2.1%.

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Thu, 14 Mar 2013 11:52:09 GMT

Aussie rises on employment data on Thursday

The Australian Dollar accelerated versus all of its major peers on Thursday after a report showed the nation's employment grew by much more than preliminary estimated suggesting that the interest rate cuts by the Reserve Bank of Australia might not be necessary. The so-called Aussie advanced 0.7% to $1.0367 after touching its highest since February 6 at $1.0383, it also

Fri, 15 Mar 2013 08:45:10 GMT

U.S. 10-year notes were little changed at 2.02% on Wednesday

U.S. Treasuries erased losses after an auction of 10-year note yields close to the highest level in an eleven-month period bolstering demand of $21 billion of the securities. The notes recorded a yield of 2.029 % compared to preliminary estimated 2.057%, while the benchmark 10-year notes yield was little changed at 2.02% following an increase to a 2.05% earlier on

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