Japan shares gain fourth day after Yen weakens; Tepco soars

Source: Bloomberg
© Scanpix\AP
Japanese shares advanced, with the Topix index prolonging the biggest four-day rise since April, as the Japanese Yen declined following better-than-predicted U.S. manufacturing data. Tokyo Electris Power Co. rallied by it daily limit. The Topix inched up 1.8% to 1,171.84 and the Nikkei 225 Stock Average gained 1.8% to 14,098.74.
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Tue, 02 Jul 2013 10:41:10 GMT

Gold jumps for third day to prolong recovery from 34-month low

Gold prolonged a recovery from the weakest level in 34 months, advancing for the third day, amid speculation that lower prices may increase demand. Spot bullion inched up 0.7% to $1,260.90 per ounce. Prices rose 1.5% yesterday, after dropping to $1,180.50 on June 28, the lowest level since August 2010.  

Tue, 02 Jul 2013 10:19:10 GMT

Austria's bonds steady ahead of auction, factory prices

Austrian government bonds remained flat ahead of the country auctions a combined 1.65 billion Euros of debt expiring in 2018 and 2034 today. Austria's 10-year notes yielded 2.14% and the price of the 1.75% bond maturing in 2023 was 96.405. Producer prices in the Euro block retreated 0.2% from April when they declined 0.6%.

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