Euro rises versus U.S. Dollar and Yen on speculation rates stay unchanged

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Source: Bloomberg
The shared currency strengthened against the U.S. Dollar and the Japanese Yen amid speculation that recent fall in the Euro was too rapid signalling that the European Central Bank may keep the benchmark interest rates unchanged on tomorrow's policy meeting. The Euro jumped 0.4% to 133.28 Yen by 2:47 p.m. Tokyo time and it traded 0.2% higher at $1.3506.

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Wed, 06 Nov 2013 09:44:04 GMT

Australia's trade deficit is lower than forecast in September

Merchandise trade balance in Australia came in deficit in the month of September, however the shortfall was notable lower than economists initially expected, a report revealed by the Australian Bureau of Statistics showed on Wednesday. The country's merchandise trade deficit was A$284 million in September compared to A$500 million in the month before.

Wed, 06 Nov 2013 09:22:04 GMT

Indonesian GDP eases in Q3

The performance of Indonesian economy slightly weakened in the three months ended in September, a report published by the Statistics Indonesia unveiled on Wednesday. According to the report, the country's gross domestic product grew 5.62% on an annual basis in the Q3 following a 5.81% expansion recorded in the quarter before, while it was forecast to rise 5.6%.

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