Yuan advances most in two weeks on speculations of government stimulus

Note: This section contains information in English only.
Source: Bloomberg
© Scanpic/Reuters
The Yuan was higher by 0.08% to 6.2382 per Dollar in early Asia trading session on Friday. That was a 14th consecutive gain leading to the longest winning period since March 2008. Today markets were positive on China's currency, as inflation data was released and the actual figure was only 1.7%, what is the slowest pace in three years. Therefore, markets speculate on a possible China's government stimulus plan to support constant economic growth.
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Fri, 09 Nov 2012 14:23:26 GMT

Gold spot reaches a 3-week high with the best weekly performance this year

Gold spot price advanced by 0.4% to $1,738.19 an ounce in Asia trading session on Friday. The price reached the peak since 19th of October and set the best weekly performance since January. Investors were concerned about the European debt crisis and the prospects of the U.S. QE program, what boosted the price of safe haven assets, especially of gold.

Fri, 09 Nov 2012 14:01:26 GMT

European equity futures stay little changed

Futures on European stocks were slightly changed, as Stoxx Europe 600 Index touched its lowest level in November on reported earnings by European companies, including French industrial company Lafarge SA and luxury-goods company Cie. Financiere Richemont SA. Contracts on the Euro Stoxx 50 Index futures advanced less than 0.1% to 2,482, whereas FTSE 100 Index futures slid about 0.1%.

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