Copper falls, growth worried weigh

Note: This section contains information in English only.
Source: Reuters
© Scanpix/Reuters

On Thursday, copper was traded lower on Chinese economy slowdown and a worsening outlook for European economies. Traders eyed the upcoming ECB meeting later in the day and U.S. non-farm payroll data. On the London Metal Exchange, three-month copper reached $8,274 per tonne, losing 0.19%, by 04:30 a.m. in London.

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Thu, 04 Oct 2012 11:10:48 GMT

Retail sales in Australia rose less than expected

Australian Bureau of Statistics reported on Thursday that Australia's retail sales increased less than expected in September. Retail sales grew by 0.2% on a seasonally adjusted basis, compared to a preceding month's decrease of 0.8%. Economists, however, expected that retail sales would witness a more optimistic growth of 0.4%.

Thu, 04 Oct 2012 12:02:49 GMT

Asian currencies rise to 7-month high on U.S. employment data

Asian currencies were close to 7-month high as data showed the U.S. employment increased more than economists projected, alleviating market concerns about global slowdown and boosting demand for riskier assets. The Taiwan Dollar gained 0.3% to NT$29.322 versus the U.S. Dollar, while the Philippines peso rose 0.1% to 41.555.The Malaysian Ringgit climbed 0.1% to 3.0575. 

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