Asia stocks remain flat after robust U.S. data

Source: Reuters
The majority of Asian stocks remained flat together with the gauge of Australian equities increasing as risk appetite of investors improved amid signs that global economy is recovering after favourable U.S. data released yesterday. The MSCI broadest Asia-Pacific gauge stayed flat and the Australian benchmark index rose 1%.

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Thu, 16 Jan 2014 07:11:04 GMT

U.S. Dollar rises on producer prices

The U.S. Dollar increased on Thursday hitting the strongest level in a week against the Japanese currency after a government report showed that producer prices in the country rose more than expected and as the Bank of America reported earnings. The so-called Greenback strengthened 0.2% to 104.79 yen after rising 0.3% from 102.85 on Monday.

Wed, 15 Jan 2014 14:56:45 GMT

U.S. shares gain as factory output advance

U.S. shares gained, following their biggest advance this year, after the World Bank increased global growth forecast and factory output gained in New York. The Standard & Poor's 500 Index added 0.2% to 1,841.70 as of 9:30 a.m. New York time; however, the equity-benchmark has declined 0.5% this year to date.

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