Brazil's Real rises as central bank intervenes

Source: Bloomberg
© Scanpix/AP
Brazilian Real appreciated as the nation's central bank intervened by auctioning foreign-exchange swaps and as China, the largest trading partner of Brazil, showed better-than-expected industrial output. The Real gained 0.3% to 2.2769 per greenback as of 10:30 a.m. Sao Polo time, extending its advance for this week to 0.5%.
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Fri, 09 Aug 2013 15:40:14 GMT

Canadian equities decline after employment reports

Canadian stock markets were red after employment data for July missed analysts' forecast. Dorel Industries plummeted 15% after showing lower-than-projected earnings and revealed plans of job cuts. The Standard & Poor's/TSX Composite gauge dropped 0.1%, or 14.88 poijnts, to 12,538.04 as of 9:49 a.m. Toronto time.

Fri, 09 Aug 2013 15:07:06 GMT

U.S. equities open lower amid no upcoming economic news

U.S. stocks traded lower at opening as major economic reports or news are not expected today, and as investors are worried about the Federal Reserve's asset purchases programme. The S&P 500 gauge declined 0.17% to 1,694.66 at 1:32 p.m. GMT. The Nasdaq Composite decreased by 0.08% to 3,666.10. The only economic news released today will be the wholesale inventories for

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