Gold swings between gains and losses as top senators signal deal in U.S.

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Source: Bloomberg
Gold fluctuated on Tuesday trading session amid speculation that a deadlock over the new U.S. federal debt ceiling may come to an end as President Barack Obama and House Republicans signalled a possible deal. Bullion for delivery in October fell 0.5% to $1,266.40 an ounce after it rose 0.3% and was traded at $1,272.65 as of 12:20 p.m. Singapore time.

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Tue, 15 Oct 2013 07:30:58 GMT

Japan's industrial output slips more than forecast

Industrial output in Japan decreased more than economists originally expected in the month of August, a report released by the Ministry of Economy, Trade and Industry showed on Tuesday. The report showed that the country's industrial production fell 0.9% on a monthly basis in August after it dropped 0.7% in the month before, while on an annual basis it slipped

Tue, 15 Oct 2013 08:09:04 GMT

Australian new motor vehicle sales slip in September

The total number of Australia's new motor vehicle sales declined in the month of September, when the figure fell 0.1% standing at 94,150, the Australian Bureau of Statistics reported on Tuesday. According to the report, passenger vehicle sales dropped 1.2%, sales of sport utility vehicles slipped 1.0% and category of other vehicle climbed 4.0% in September.

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