Japan discloses Yen intervention in November

Note: This section contains information in English only.
Source: Bloomberg
Japan used monetary intervention in November as appreciating Yen harmed nation's main exporters including car markers and electronics producers. Finance Ministry today disclosed data, showing that country sold JPY 1.02 trillion or USD 13.3 billion in the early November to depreciate Japanese currency. Foreign exchange strategists expect further intervention from Japanese officials. 
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Tue, 07 Feb 2012 08:04:08 GMT

European stocks disrupt gains on Greek woes

After a successful performance on Friday, European share markets closed down on Monday as Greece's officials failed to conclude nation's debt swap agreement. Stoxx Europe 600 lost 0.1%, German Dax index traded close to flat, giving up only 0.03%. UK FTSE 100 index slipped 0.2% and French CAC 40 index tumbled 0.7%. 

Mon, 06 Feb 2012 17:32:55 GMT

Romney wins Nevada caucus

Mitt Romney won Nevada caucus yesterday, strengthening his main player status in Republican presidential competition. Romney gained 48% of votes, followed by Gingrich with 23%, Ron Paul with 19% and Rick Santorum with 11%. In his speech Romney confronted Obama, claiming private sector and Americans led for improvements in US job market, instead of the current President. 

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