Asian stocks advance on ECB bond-buying programme

Note: This section contains information in English only.
Source: Bloomberg
Asian stocks rose after the ECB President unveiled the unlimited bond-buying programme and China stepped up stimulus measures. The MSCI Asia Pacific Index gained 1.9% to 118.08, set for the biggest advance since June 29. The Shanghai Composite Index rose 4.2% and Hong Kong's Hang Seng Index gained 2.4%. Japan's Nikkei 225 Stock Average climbed 2% and South Korea's Kospi Index rose 2.4%.
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Fri, 07 Sep 2012 09:03:33 GMT

Palladium climbed after ECB press conference

Precious metals surged after the ECB press conference on Thursday. The ECB left the benchmark interest rate unchanged at record low level of 0.75% and agreed on unlimited bond-purchases plan. Moreover, safe-haven appeal of the commodity group escalated after the ECB downgraded Euro area growth forecast for 2012 and 2013. Gold advanced, following the Euro rally against the US Dollar and

Fri, 07 Sep 2012 08:52:33 GMT

Loonie advances on job growth data and ECB bond purchases

The Canadian Dollar advanced to more than 4-month high against the U.S. counterpart on data that might show North American employment growth is accelerating and following the ECB's bond-buying plan announced yesterday. The Loonie gained 0.8% to 98.27 cents per greenback. It fetched 98.09, the highest since April.  

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