No changes in BoJ policy sets Asian stocks to drop

Source: Bloomberg
© Scanpix/Reuters
Asian shares fell today after the BoJ announced no changes in its policy stance, bucking experts' forecasts. The MSCI Asia Index slid 0.7% so far today after rising 1.1% yesterday. The Hang Seng China Enterprises Index shrank 1.5% today, leaning towards a loss for a tenth consecutive day – the longest losing period in 17 years, while Japanese Topix index fell 1%.
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Tue, 11 Jun 2013 08:38:05 GMT

Asian stocks reach 2013 lows; Nikkei slides on BOJ policy statement

The U.S. currency declined versus the Japanese Yen and Japan's shares soared as the Bank of Japan decided to maintain the policy unchanged, while Asian stocks reached the lowest level in 2013 on concerns over weak China's growth and extended uncertainty amid when the Fed will taper its stimulus.

Tue, 11 Jun 2013 08:27:09 GMT

Loonie appreciates as housing improves

The Loonie appreciated versus the most of the major peers after new-home construction rose the most in more than 12 months in May. The Canada's currency traded at C$1.0194 per U.S. Dollar as of 5 p.m. Toronto time. The Canada's Dollar is above its 50-day average of C$1.0205 per U.S. Dollar and below the 100-day average of C$1.0174.

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