Asian shares prolong adds amid Fed stimulus tapering and China growth outlook

Source: WBPonline
© Scanpix\AFP
Asian shares prolonged rises to the highest level in two months, after the U.S. released disappointing housing report and Chinese Premier Li Keqiang ensured that the Chinese economy will not fall below 7% economic growth index. Japanese benchmark the Nikkei 225 increased 0.80% to 14,778.51 and the Topix jumped 0.48% to 1,222.72. 
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Tue, 23 Jul 2013 10:11:28 GMT

Sterling remained flat versus Dollar, Euro ahead of mortgage report

The Sterling remained steady versus the U.S. Dollar and the Euro ahead of data that analysts said will indicate U.K. banks boosted lending for mortgages last month. Mortgage approvals increased from 36,102 in May to 38,300 in June. The Sterling was unchanged at $1.5367 and remained flat at 85.85 pence against the 17-nation currency. 

Tue, 23 Jul 2013 08:47:05 GMT

Loonie gains to highest level in month

The Canadian currency touched the strongest level in four weeks ahead of retail sales data that are expected to show an increase. The Canadian currency advanced 0.3% to C$1.0334 per U.S. Dollar as of 5 p.m. Toronto time after it reached C$1.0322 per U.S. Dollar, the strongest in more than a month. One Canadian Dollar buys 96.77 U.S. cents.

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