Japan all industries activity Index added less-than-expected

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Source: Forexpros

Japanese economic ministry released its all industries activity index for June on Tuesday, where the reading came 0.2%, mismatching expectations, compared with a previous reading of -0.2% in the previous month. Meanwhile, analysts were expecting growth of 0.3%. Index is a leading indicator of nation's economic health, and may signal the future direction of economic activity.

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Tue, 21 Aug 2012 21:28:48 GMT

Single currency rocketed on ECB hopes

The Euro rocketed on Tuesday, August 21, as the optimism over bold ECB action to stem the 17-member bloc's debt crisis grew. The shared currency soared 1.03% to $1.2472. At the same time, the ICE Dollar Index erased 0.68% to 81.9. Moreover, better-than-expected Spain debt auction boosted the Euro as well, with Spain selling 4.51 billion euros of 12- and 18-month bonds.

Tue, 21 Aug 2012 20:33:48 GMT

Spain bond yields decline on ECB intervention hopes

Spain's bond yields tumbled on belief the ECB would resume buying peripheral bonds. The Spanish Treasury raised EUR 4.51 billion from sale of 12- and 18-month notes on Tuesday, the agency forecast a range of EUR 3.5 billion – EUR 4.5 billion. The one-year note yield fell to 3.070% from 3.918% in preceding auction on July 17. The 18-month debt

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