Gold falls on Fed worries

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Agence France-Presse
The yellow metal dropped for a second straight day and it is set for the first back-to-back decline in 14 days, as there are worries on Fed's stimulus tapering among the investors and commodity's climb lowered its demand. Spot gold slipped 1% to $1,352.08 an ounce, and was at $1,355.70 as of 2:41 p.m. Singapore time, reversing gains of 0.3%. at the same time, metal's price has dropped 19% this year to date.
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Tue, 20 Aug 2013 08:48:24 GMT

European shares retreat on stimulus concerns

European shares dropped for a second consecutive day on speculation that the Fed will scale back its monetary stimulus programme in September. The Stoxx Europe 600 Index fell 0.7% to 302.68 as of 8:05 a.m. London time and it has declined 2.6% since May 22. Standard & Poor's 500 Index futures slid 0.1%, while the MSCI Asia Pacific Index slipped

Tue, 20 Aug 2013 08:47:05 GMT

Aussie retreats for second straight day

The Aussie depreciated for a second straight day, after its biggest monthly decline, as the Reserve Bank officials said that the movements of the currency will impact their decisions. The Australian Dollar fell 0.76% to 90.40 U.S. cents at 4:59 p.m. Sydney time, after reaching 90.37 earlier, the weakest since August 8, while the Kiwi slipped 1.2% to 79.69 U.S. cents,

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