Japan stocks jump on exporters as Yen declines; Banks advance

Source: Bloomberg
© Scanpix\AFP
Japan's stocks inched up, and the Topix index set for the highest level in six weeks, as overseas sellers increased on a lower Japanese Yen. Banks climbed on the data they may withstand an increase in interest rates. The Topix jumped 1.2% to 1,186.56, adding to signs the index rose 12% in three weeks, the biggest gain since April 2009.
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Tue, 09 Jul 2013 09:12:09 GMT

Euro appreciates against Yen

The 17-nation currency appreciated for a third straight day versus the Japanese Yen as European Union finance ministers have a meeting in Brussels. The Euro gained 0.4% to 130.46 Yen as of 8 a.m. in London, while it advanced 0.2% to $1.2894. The shared currency has climbed 4.6% this year to date, making it the second-best performing currency.

Tue, 09 Jul 2013 08:49:06 GMT

Loonie close to lowest level in two years

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