U.S. equities down as pending home sales fell in June

Source: Bloomberg
© Scanpix/AP
U.S. stocks declined as a report showed that the number of contracts to acquire previously owned houses decreased 0.4% in June. This reaction signals that macroeconomic indicators currently are influencing markets significantly. The Standard and Poor's 500 lost 0.2% to 1,687.99 as of 10:04 a.m. New York time. The Dow Jones Industrial Average also declined 0.2% to 15,523.47.
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Tue, 30 Jul 2013 06:59:05 GMT

Loonie touches 1-month high as crude-oil props up prospects

The Canadian currency touched the strongest level in one month as crude oil remained over $100 a barrel for the 18th day. The Canada's Dollar advanced 0.1% to C$1.0265 versus the greenback, adding to signs the currency has jumped 2.5% in July against the U.S. Dollar. Crude oil declined 0.2% to $104.52 a barrel. 

Mon, 29 Jul 2013 15:13:08 GMT

Silver advances amid physical demand from Asia

Silver prices climbed on large physical demand from Asia. Malca-Amit Global opens a silver vault with a capacity of 200 metric in Singapore. The company says that the number of rich private investors are increasing rapidly in Asia Pacific region. Such investors typically hold silver reserves, while institutions prefer gold. Silver futures gained 0.47% to $19.865 as of 1:47 p.m.

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