Emerging-market stocks rise amid slower inflation in China

Source: Bloomberg

Emerging-market shares advanced first time in a week on Tuesday mainly due to an increase of consumer and energy companies after a report showed lower-than-expected inflation in China easing the pressure for monetary policy tightening. The MSCI Emerging Markets Index gained 0.4% to 1,011.26 on Tuesday after it dropped to the lowest since November 30.


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Tue, 09 Apr 2013 17:18:34 GMT

U.S. wholesale inventories unexpectedly drop in February

Wholesale inventories in the world's largest economy surprisingly declined in February, a report released by the Commerce Department showed on Tuesday, at the same time wholesale sales recorded a notable rebound. Wholesale inventories slipped 0.3% in February reversing an increase of 0.8% in the month before, while wholesale sales moved up 1.7% in February after it rose 0.8% in January.

Tue, 09 Apr 2013 16:57:01 GMT

Aussie and Kiwi Dollars rise amid U.S. and Japan's stimulus

The Australian and New Zealand's currency advanced as loosen monetary policy in the U.S. and Japan weighted on their government bond yields boosting the South Pacific's assets relative value. The so-called Aussie increased 0.2% to $1.0429 and it was traded at 103.82 yen, while the New Zealand's Dollar gained 0.2% to NZ$1.2285 per Australian dollar following a climb to NZ$1.2274.

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