Yen falls with trade report; disappointing Chinese inflation

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Source: WBPonline
The Japanese Yen plummeted versus the U.S. Dollar, as Japan's trade deficit declined less-than-predicted and Chinese preliminary manufacturing report came in under estimates. The Japan's currency depreciated 0.39% to ¥99.83 versus the U.S. Dollar and retreated 0.43% to ¥153.50 versus the Sterling, and fell 0.30% to ¥131.88 versus the 17-nation currency.
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Wed, 24 Jul 2013 08:46:05 GMT

Euro reaches one-month high after German PMI advances

The Euro block's currency advanced versus the U.S. Dollar after Germany posted better-than-forecast manufacturing and services PMI report in July. The Euro jumped 0.19% to $1.3247 versus the U.S. currency. German flash manufacturing PMI increased from 48.6 points in June to 50.3 in July, it was forecast to advance to 49.2.

Wed, 24 Jul 2013 08:57:11 GMT

Chinese shares decline on disappointing data

Chinese shares retreated, with the regional benchmark index falling for the first day out of last three, as disappointing manufacturing index spurred worries that nation's economy is struggling. The Shanghai Composite Index slipped 0.5% to 2,033.33 at the close, while the CSI 300 Index slid 0.7% to 2,249.15. The Hang Seng China Enterprises Index declined 0.3% in Hong Kong.

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