Asian shares rise as U.S. trade deficit shrinks

Source: Reuters
Asian stocks increased earlier on Wednesday trading session after a government report showed that the trade deficit in the world's largest economy shrank to the lowest level in a four-year period and as inflation in the Eurozone stands at record low of 0.7%. The MSCI broadest Asia-Pacific Index outside Japan gained 0.5%.

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Wed, 08 Jan 2014 09:12:05 GMT

Loonie falls as country's deficit rises

The Canadian Dollar declined on Wednesday as investors put their bets on a drop of the currency after a report showed that purchasing managers' index in the country decreased notable in December and as Canada's trade deficit widened. The so-called Loonie traded at C$1.0810, the most since May 2010, and it was 0.3% lower at C$1.0799.

Wed, 08 Jan 2014 08:50:06 GMT

Wall Street ends higher as U.S. trade deficit shrinks

U.S. shares closed lower on Tuesday with the benchmark stock index Standard & Poor's snapping its three-day drop and recording the first daily gain since the beginning of 2014 after a data showed a sharp fall in the U.S. trade balance deficit. The S&P 500 Index added 0.61% to 1,837.88, the Dow Jones industrial average rose 0.64% to 16,530.94 and

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