India economy expands 5.5% in Q2

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Source: Marketwatch
India's economy improved more-than-estimated at 5.5% pace on year in Q2, after a 5.3% increase in the previous quarter, official data showed on Friday. Economists expected a 5.2% - 5.3% expansion. Indian stocks rose amid the data, but fell back shortly, with the Sensex, benchmark BSE index, slipping 0.5%.
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Fri, 31 Aug 2012 07:37:20 GMT

U.S. Dollar declines before Bernanke talk

The U.S. Dollar fell during Asian trading hours as investors await a significant speech from the Fed Chairman Ben Bernanke today. On Friday, the Euro rose to $1.2517, from $1.2504 close yesterday, while the Sterling increased to $1.5792, from $1.5788. The U.S. Dollar slipped versus the Japanese Yen, purchasing ¥78.41, from ¥78.65 on Thursday.

Fri, 31 Aug 2012 09:15:15 GMT

Rand falls as global growth concern dims export outlook

The South Africa's Rand fell to the lowest level since the start of August as data from Japan, South Korea and Germany escalated concerns the global economy is weakening, dimming outlook for South Africa's exports. The Rand lost 0.9% to 8.4831 per U.S. Dollar, the lowest level since July. This month the currency lost 2.3%, the worst performance among 16

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