Aussie rises to 10-day high amid Chinese production

Source: WBPonline
© Scanpix\AFP
The Australian currency jumped against the greenback as better-than-forecast China's industrial output helped the Australian Dollar to stay above $0.91. The Australian Dollar advanced 0.45% to $0.9143 versus the U.S. Dollar and rose 0.53% to A$1.4626 against the Euro. Chinese industrial output grew 9.7% in July from a year ago, overshooting analysts expectations of 8.9% jump.
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Fri, 09 Aug 2013 08:47:08 GMT

European shares gain for second straight day

European shares rose for a second straight day after Chinese trade data topped the expectations. The Stoxx Europe 600 Index added 0.3% to 304.94 as of 8:08 a.m. London time and it is set for 0.3% advance this week. The gauge has increased 11% since June 24, when it reached the lowest level after ECB and BoE stated that they

Fri, 09 Aug 2013 08:25:09 GMT

Loonie advances

The Canadian Dollar appreciated to the highest level in approximately a month after China's and Germany's trade data topped the estimates, spurring bets that demand for Canada's commodities will rise. The Loonie gained 0.9% to C$1.0328 per U.S. Dollar as of 5 p.m. Toronto time, after it climbed 1.1% to C$1.0304 earlier, the highest level in a week.

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