Swiss Franc depreciates on signs European debt crisis eases

Note: This section contains information in English only.
Source: Bloomberg
The Swiss Franc was lower by 0.7% to 1.2461 per Euro in the end of London trading session on Thursday. This level was the lowest since May, 2011, as the Mario Draghi, the ECB President, said that there are noticeably higher capital inflows in the EU region. The Swiss Franc depreciated by 2% this year, the second largest drop after Yen, on signs that European debt crisis is easing, sapped demand for safe haven assets and increased for risky assets.
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Fri, 18 Jan 2013 11:25:03 GMT

China's equity advances on increased growth

The Shanghai Composite Index was higher by 1.4% to 2,317.07 points on the Asian trading session on Friday, extending the weekly gains to 3.3%. That was the largest weekly increase this year, as the domestic data showed better-than-expected economic growth in the fourth quarter. The GDP increased by 7.9% in Q4 and retail sales surged by 15.2% in December.

Fri, 18 Jan 2013 17:48:48 GMT

Asian stocks rise on positive data from US and China

Asian shares gained for the first time in 3 days as reports in the U.S. and China overshot economists' expectations and the Japanese Yen traded close to the lowest level in 30 months. The MSCI Asia Pacific Index advanced 1.1% to 134.64. China's Shanghai Composite Index rose 1.1% and Hong Kong's Hang Seng Index added 0.9%. 

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