Euro falls on uncertainty over Spain and ZEW index

Note: This section contains information in English only.
Source: Bloomberg
The Euro weakened against most of the major counterparts on uncertainty whether Spain will request a bailout and before data that may show investor confidence declined in Germany, the Euro bloc's biggest economy. The common currency lost 0.4% to $1.2902 and fell 0.4% to 101.24 Yen. ZEW Index is due to publish figures on Tuesday, October 16.
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Mon, 15 Oct 2012 06:32:17 GMT

Aussie strays lower ahead of RBA minutes

The Australian Dollar stayed lower after a drop at the end of last week ahead of the RBA minutes of the October meeting, which will be realised tomorrow. The Aussie Dollar was close to a 3-month low after the RBA Governor Glenn Stevens said there is scope to further borrowing costs cut. The Aussie traded at $1.0219, after falling 0.3%

Mon, 15 Oct 2012 05:33:18 GMT

China's inflation close to the slowest pace in 2 years in Septmeber

China's inflation cooled almost to the slowest pace in 2 years in September, providing the government with a room for policy easing if the economy weakens further after import reported showed domestic demand weakness. Consumer prices increased 1.9% from the previous year, while the producer price index declined 3.6%, according to the National Bureau of Statistics.

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