Pound slips from two-year high

Source: Bloomberg
The Sterling dropped from its highest level in approximately two years against the Euro as Scotland's independence referendum draws near. The U.K. currency has risen the most last year amid the 10-developed country currencies. Experts believe the risk and the potential vagueness around the vote can increase the Pound volatility in the future.

 

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Fri, 18 Jul 2014 08:04:14 GMT

Japan inflation falls in June, expected to rise again

Japan's consumer price inflation is estimated to slacken slightly in June after the rise the inbound shipments costs from the weak Yen vanishes. The imports are unlikely to climb rapidly as a vast array of the Japanese companies outsourced much of their production. The inflation is surmised to keep on decreasing to about 1 percent, but will rise again in line

Thu, 17 Jul 2014 16:48:11 GMT

Rouble and Russian stocks depreciate

After the revealed sanctions against Russia, the Rouble fell to a 34.39 low against the Dollar; however, the currency gained 0.5% to 34.83 later. A 0.6% decline was noticed in comparison with the Euro, trading at 47.15. Meanwhile, Sberbank Russia stock price slid down 2.8%, Gazprom OAO lost 2% and VTB Bank retreated 3%.

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