European shares advance ahead of U.S. sales

Source: Bloomberg
© Scanpix/Agence France-Presse
European shares rose for a fourth day in a row as the U.S. retail sales and German investor confidence data are awaited. The Stoxx Europe 600 Index appreciated 0.2% to 306.64 as of 8:06 a.m. London time, the strongest level since May 28 and it has gained 9.7% in year 2013 to date, impacted by vehicle and financial-services companies.
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Tue, 13 Aug 2013 08:35:04 GMT

Dollar reaches week high ahead of retail sales data; Yen falls

The U.S. Dollar reached the strongest level in about a week against the Japanese Yen ahead of data today that may indicate U.S. retail sales advanced for the fourth month. The greenback jumped 0.6% to 97.47 versus the Yen and remained steady at $1.3308 against the Euro. Analysts expect retail sales to jump 0.3% in July, following a 0.4% increase

Tue, 13 Aug 2013 08:13:05 GMT

Yen touches weekly low amid BoJ minutes

The Japanese Yen slipped for the second day as the BoJ posted the meeting minutes which indicated a revised expansion for the economy and the CPI, at the same time Japan's machinery orders dropped less-than-forecast. The Japans currency depreciated 0.51% to ¥97.39 against the greenback and fell 55% to ¥129.57 against the Euro, and declined 0.49% to ¥150.55 against the

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