Japan leading index drops in July

Note: This section contains information in English only.
Source: RTTNews
Japan's leading economic measure slipped for a fourth straight month in July, the Cabinet Office posted preliminary data on Friday. The leading index declined to 91.8 from 93.2 in June. Economists estimated a decrease to 91.6. Meanwhile, the coincident index fell to 92.8 and lagging index slid to 86.3 in July.
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Fri, 07 Sep 2012 09:36:33 GMT

Swiss foreign reserves expansion slows in August

The SNB's foreign reserves reached 71% of annual output in August, with a slower pace of growth adding signs that less central bank action was necessary to enforce its ceiling of 1.20 Swiss Francs per Euro. The SNB's foreign exchange reserves rose to 418.430 billion Swiss Francs from 408.605 billion in July, preliminary data from IMF showed on Friday.

Fri, 07 Sep 2012 11:11:35 GMT

Coffee plunged amid ample global supplies

Rural commodities were mixed on Thursday, with grains rebounding and coffee and sugar slumping. Broadly weaker greenback pushed farm commodities higher. Meanwhile, market participants remained focused on weather forecasts in the US, Brazil, India and Russia. Wheat rallied after, Australia, the second-largest global exporter, announced that wheat harvest may miss government estimates as dry weather harmed crops. Corn advanced on speculation

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