Gold halts four-day rally

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Gold snapped a four-day gain after its advance to the highest level in a month boosted investors' confidence to sell the yellow metal. Spot gold dropped 0.5% to $1,338.60 an ounce, and was at $1,341.51 as of 2:27 p.m. Singapore time, after climbing 5.4% in the last four days. Gold has rallied 8.7% in July and it is headed for the best month in approximately year and a half.
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Wed, 24 Jul 2013 08:46:05 GMT

Euro reaches one-month high after German PMI advances

The Euro block's currency advanced versus the U.S. Dollar after Germany posted better-than-forecast manufacturing and services PMI report in July. The Euro jumped 0.19% to $1.3247 versus the U.S. currency. German flash manufacturing PMI increased from 48.6 points in June to 50.3 in July, it was forecast to advance to 49.2.

Wed, 24 Jul 2013 08:06:08 GMT

Aussie falls after CPI leaves room for lowering rates

The Australian currency declined, as new inflation report came in under forecasts, allowing the Reserve Bank of Australia to cut interest rates at the next meeting on August 6. The Australian Dollar retreated 0.34% to $0.9263 versus the greenback and contracted 0.25% to A$1.4259 versus the common currency. Yearly CPI declined to 2.4%, missing analysts estimates of 2.5%.

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