Japan stocks rise

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Source: Bloomberg
© Scanpix/Reuters
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 on Monday.
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Tue, 13 Aug 2013 08:57:08 GMT

German bunds drop for second day ahead of ZEW confidence data

German government bunds plummeted for the second day ahead of a survey that economists expect will indicate an index of investor sentiment in Germany jumped in August. The 10-year bond yield advanced two basis points to 1.73% and the 1.5% note maturing in May 2023 contracted 0.21 to 97.99. Germany will auction 10-year bonds worth of 4 billion euros tomorrow.

Tue, 13 Aug 2013 08:35:04 GMT

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

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

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