Pound slides as manufacturing expands at slower pace

Source: Bloomberg
The Pound halted its six-day winning streak against the greenback after U.K. reported slower-than-expected growth in manufacturing. The Cable dropped 0.1% from its two-week high, after it advanced 1.1% during the last five days. The Sterling also experienced a slide of 0.3% versus the shared currency.
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Tue, 01 Apr 2014 16:35:07 GMT

Japan's Topix index close to longest winning streak in year

The Japanese shares were mixed as the Topix index advanced, while the Nikkei 225 Stock Average slipped 0.2%. The Topix Index climbed 0.1%, thus extending its winning streak to a seventh day, while still being in red as a result of the 7.6% decline last quarter. 

Tue, 01 Apr 2014 16:14:05 GMT

Speculators lose $5.5 billion on Yuan bets

The Chinese currency slipped 2.4% against the U.S. currency last quarter, thus posting the biggest drop among the Asian currencies. The Renminbi has been gaining ground for almost a decade, but with the drop last quarter it has nearly erased last year's gain of 2.9% and the speculators lost $5.5 billion. 

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