Yen falls as stocks advance

Note: This section contains information in English only.
Source: Bloomberg
The Yen tumbled against all its major peers after Asian stocks climbed and the additional yield investors get from U.S. treasuries rose to the four-month high, reducing the allure of Japan's currency. The Yen dropped 0.4% to 79.29 per U.S. Dollar, after reaching 79.36, the weakest level since July 13. It fell 0.2% to 97.27 per Euro. The MSCI Asia Pacific Index advanced 0.5%.
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Thu, 16 Aug 2012 07:52:47 GMT

Aussie and Kiwi rise as commodities climb

Australia's and New Zealand's Dollars surged versus most of its major counterparts after commodities climbed on signs of advancement in U.S. economy. On Wednesday, the Aussie gained 0.2% to $1.0505. It increased 0.5% to 82.98 Yen. The Kiwi rose first time in last three days, climbing 0.2% to 80.1 U.S. cents. It surged 0.5% to 63.76 Yen.

Thu, 16 Aug 2012 13:05:28 GMT

Brazil introduced $60bn economic stimulus package

On Wednesday, August 15, Brazil's government announced the first pace of an economic stimulus plan to boost the nation's economy.  According to the plan, more than $60bn will be aimed at Brazil's infrastructure, particularly roads and railways. Meanwhile, Brazil's economy is expected to grow only 2% in 2012, compared with a 7.5% growth in 2010. Nation's leaders hope that the economy will benefit from the Olympic

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