Dollar rises due to better-than-expected Japanese data

Source: Bloomberg
The U.S. Dollar rose to its three-week high against the Yen before the U.S. ISM factory data, which is expected to show factory output growth. The Yen fell as report showed that Japanese manufacturers' optimism was strongest in two year, increasing risk-appetite, which decreased demand for safe-haven assets. The greenback rose 0.3% to 99.47 Yen.
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Mon, 01 Jul 2013 08:26:16 GMT

Asian shares outside Japan dropped due to slowing Chinese manufacturing

Asian shares outside Japan dropped due to worse-than-expected manufacturing activity data in China, which showed slowest growth in 4 months. The MSCI Asia Pacific Excluding Japan Index decreased 0.3% to 403.7. S&P/ASX 200 Index lost 2%, while NZX 50 Index dipped 0.6%. The Shanghai Composite Index slipped 0.4% as Japanese Topix rose 1%.

Mon, 01 Jul 2013 06:45:13 GMT

The Aussie rebounds before RBA's decision

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