India economy expands 5.5% in Q2

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Source: Marketwatch
India's economy improved more-than-estimated at 5.5% pace on year in Q2, after a 5.3% increase in the previous quarter, official data showed on Friday. Economists expected a 5.2% - 5.3% expansion. Indian stocks rose amid the data, but fell back shortly, with the Sensex, benchmark BSE index, slipping 0.5%.
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Fri, 31 Aug 2012 07:37:20 GMT

U.S. Dollar declines before Bernanke talk

The U.S. Dollar fell during Asian trading hours as investors await a significant speech from the Fed Chairman Ben Bernanke today. On Friday, the Euro rose to $1.2517, from $1.2504 close yesterday, while the Sterling increased to $1.5792, from $1.5788. The U.S. Dollar slipped versus the Japanese Yen, purchasing ¥78.41, from ¥78.65 on Thursday.

Fri, 31 Aug 2012 09:15:15 GMT

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