Asian shares decline on stimulus worry

Source: Bloomberg
© Scanpix/Reuters
Asian shares retreated on worries that central banks from Japan to U.S. may scale back the stimulus programme. The MSCI Asia Pacific Index fell 0.4% to 131.02 at 1:33 p.m. Tokyo time, meanwhile, the markets in China, Hong Kong, Taiwan and the Philippines were closed for holidays. The MSCI gauge reached the highest level this year on May 20 but since then it has fallen 8.9% on U.S. stimulus worries.
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Wed, 12 Jun 2013 08:48:32 GMT

Sterling little changed against U.S. Dollar

The Sterling was little changed versus the greenback and the Eurozone's currency before a report that is expected to show that unemployment rate has fallen for seventh straight month in May. The British currency was at $1.5667 at 7:49 a.m. in London after reaching $1.5684 on June 6, while the Pound traded at 84.96 pence per Euro.

Wed, 12 Jun 2013 13:52:58 GMT

Loonie appreciates versus commodity peers

The Loonie appreciated to its highest level in almost 36 months against its Australian peer as investors weighed that the North America will lead in economic growth. The Canadian Dollar added 0.4% to 96.06 Canadian cents per Aussie at 5 p.m. Toronto time, while it also strengthened 0.4% against the kiwi. The Canada's currency gained 0.1% to C$1.0189 per U.S.

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