Australian and New Zealand Dollars fall

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Australian and New Zealand currencies fell versus its most-traded peers after market volatility triggered selling. The Aussie depreciated 0.4% to 94.49 U.S. cents at 1:53 p.m. Sydney time after advancing 0.4%. The Australia's Dollar reached 93.26 on June 12, its lowest level in almost three years, while the kiwi dropped 0.9% to 79.15 U.S. cents.
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Thu, 13 Jun 2013 09:49:10 GMT

Japan's shares decline

Japan's Nikkei 225 Stock Average declined, slipping 19%, and it almost entered the bear market as the Japanese currency appreciated to its strongest versus the greenback in more than eight weeks. The Nikkei 225 dropped 5.6% to 12,547.96 at 12:39 p.m. Tokyo time, making it the third decline of more than 5% in previous month. The index slid 6.6% today,

Thu, 13 Jun 2013 08:32:05 GMT

Plummeting Asian stocks increase appetite for bonds

Bond prices rose in the U.S., Japan and Australia as Asian stocks collapsed, increasing demand for safer assets. The yields rose this month on speculations that the Fed might end its QE, which kept borrowing costs low. 10-year Treasuries yields dropped 2 basis points to 2.21%, while similar maturity Japanese and Australian yields decreased 0.5 and 2 basis points respectively.

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