Wall Street drops on stronger economic data signalling less stimulus

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Source: Reuters
Equities on Wall Street closed lower on Tuesday after rising in last two trading sessions after a government data showed an improvement in economic situation in the country signalling a release of tight monetary policy over the next few months. The Dow Jones Industrial average fell 0.13% to 15,618.22, the S&P 500 Index slipped 0.28% to 1,762.97 and the Nasdaq Composite Index lost 0.08% to 3,939.86.

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Wed, 06 Nov 2013 08:38:03 GMT

Yen falls as risk sentiment rises after Japan's shares increase

The Japanese Yen declined on Wednesday falling against the 17-nation bloc currency as increase in the country's shares spurred risk appetite of investors pushing the Japanese currency down and as Toyota Motor Corp is likely to raise its profit forecast. The Yen slipped to 133.41 per Euro traded near the lowest level in a month at 132.37, while it traded

Wed, 06 Nov 2013 08:16:04 GMT

Japan's equities rise on Toyota's profit forecast

The majority of Asian stocks increased modestly on Wednesday with the Japanese benchmark gauge rising mainly due to a 1.3% advance recorded by major carmaker Toyota as investors expect the U.S. Fed to taper off and as Euro-area data showed unfavourable results. The Japan's Nikkei Index gained 1.3% after Toyota's report about raising its profit forecast.

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