Dollar reaches week high ahead of retail sales data; Yen falls

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Source: Bloomberg
© Scanpix\Reuters
The U.S. Dollar reached the strongest level in about a week against the Japanese Yen ahead of data today that may indicate U.S. retail sales advanced for the fourth month. The greenback jumped 0.6% to 97.47 versus the Yen and remained steady at $1.3308 against the Euro. Analysts expect retail sales to jump 0.3% in July, following a 0.4% increase in June.
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Tue, 13 Aug 2013 08:46:05 GMT

Japan stocks rise

Japanese stocks advanced, with the benchmark Nikkei 225 Stock Average gaining from more than one and a half month low, as the weaker nation's currency boosted exports and Abe weighed on corporate-tax cut. The Topix Index climbed 2% to 1,157.15 at the Tokyo's close, while the Nikkei 225 added 2.6% to 13,867, after reaching its lowest level since June 27

Tue, 13 Aug 2013 08:24:05 GMT

European shares advance ahead of U.S. sales

European shares rose for a fourth day in a row as the U.S. retail sales and German investor confidence data are awaited. The Stoxx Europe 600 Index appreciated 0.2% to 306.64 as of 8:06 a.m. London time, the strongest level since May 28 and it has gained 9.7% in year 2013 to date, impacted by vehicle and financial-services companies.

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