Japan exports drop, production raises concerns

Note: This section contains information in English only.
Source: Bloomberg

The Bank of Japan policy makers are concerned about the signals of the vulnerability of the economy after a sales-tax increase. The Governor Haruhiko Kuroda is set to discuss this week the possibility to ease their estimation of Japan's overseas sales and also whether to express concern about the fall in industrial production.  

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Tue, 05 Aug 2014 08:36:09 GMT

Dollar unchanged, close to highs

The US Dollar was near a ten-and-a-half month high against other major currencies on early Tuesday as there was little volatility for the Dollar index and it stood at 81.320. The muted trade is understandable drawing nearer to the main central bank policy reviews. In addition, the Aussie actually rose with many betting on an unchanged RBA's stance.

Tue, 05 Aug 2014 07:53:17 GMT

Wall Street ends higher even with utilities faltering

The US shares finished higher on Monday as a late surge led by Berkshire Hathaway and followed by gains in most sectors allowed the S&P 500 recover from last week's disappointing performance. Only the utilities index .SPLRCU held the rally back by falling 0.59%. Nevertheless, the gains were quite substantial as DJI added 0.46% and the S&P 500 was 0.72%

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