Loonie falls on bets U.S. economy grows faster

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters

The Canadian currency slipped to lowest level in 20 months as U.S. manufacturing output jumped in May, increasing the concerns that U.S. economy is growing at faster pace compared to Canada's. The Canadian Dollar weakened 0.5% to C$1.0544 per U.S. Dollar as of 5 p.m. Toronto time; touching the lowest level since October 4, 2011 and one Canada's Dollar buys 94.84 U.S. cents.

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Wed, 03 Jul 2013 10:08:13 GMT

China's stocks retreat amid slowing growth

China's share prices decreased after 4 days of surging lead by industrial and financial companies amid slowing economic growth, which was indicated by worse-than-expected service industries' data. The Shanghai Composite Index dropped 0.6% to 1,994.27 after 2.9 three-day rally. The CSI 300 Index slid 0.8%, while Hang Seng China Enterprise Index lost 3.3%.

Wed, 03 Jul 2013 09:46:14 GMT

Sterling depreciates to lowest in month

The British currency depreciated to the weakest level in approximately four weeks versus the greenback ahead of industry data that are expected to indicate that countries services expanded slower in June. The U.K. currency dropped 0.1% to $1.5136 as of 8:24 a.m. in London after touching $1.5130, the weakest since May 30. The Pound was at 85.57 pence per Euro,

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