Aussie weakens to one-month low

Note: This section contains information in English only.
Source: Bloomberg
The Aussie Dollar touched one-month low, extending a 2-week decline, as concern the global economic growth is fading curtailed demand for riskier assets. The Australian Dollar weakened against most of 16 major peers after data showed Chinese industrial companies' profits declined 5.4% in July from the previous year. The Aussie declined 0.1% to $1.0394, after trading at $1.0372, the lowest level since July 26.
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Mon, 27 Aug 2012 08:04:03 GMT

German yields drop on slow growth in EZ

German 10-year bond yields dropped 0.14 percentage point, the most since the start of July, as concerns over Eurozone growth has weakened and the sovereign debt is escalating increased demand for safer assets. Benchmark yields declined to a 3-week low after PMI indicated the Euro area's service sector contracted in August and German manufacturing declined for a sixth consecutive month. 

Mon, 27 Aug 2012 16:52:04 GMT

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