Euro slips towards two-week low ahead German data

Note: This section contains information in English only.
Source: Bloomberg
The Euro, 17-nation common currency, was traded at 1.2998 per U.S. Dollar in the second part of Tokyo trading session on Wednesday. The price slipped to a 1.2973 level yesterday, which is the lowest point since 8th of April. Investors worry about German business confidence data, as Bloomberg News survey indicates a drop to 106.2 points in April from a 106.7 level in March. A slowdown in the largest European country fuels speculation about the key interest rate cut.
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Wed, 24 Apr 2013 09:11:03 GMT

Won suspends two-day drop ahead South Korean GDP

The South Korean Won was slightly changed at 1,120.52 per U.S. Dollar in the morning of Seoul trading session on Wednesday. The currency took a breath before South Korean gross domestic product data, which according to analysts, should indicate a 0.7% growth, the fastest pace of expansion in a year.

Tue, 23 Apr 2013 13:54:03 GMT

Swiss stocks gain as Richemont and Novartis advance

Stocks in Switzerland rose to highest in four days after Financiere Richemont SA announced profit that beat all previous expectations and Novartis AG claimed its new lung-disease drug reached its study's objective. The Swiss Market Index added 0.7% to 7,661.11, while the broader Swiss Performance Index also showed improvements in performance of 0.6%.

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