China's stocks set for largest two-day rebound since 2008

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Source: Bloomberg
Chinese stocks grew for the second day on Friday following an unprecedented government intervention to stabilise its plunging stock market. The Shanghai Composite Index surged 4.5% to 3877.8 points intraday adding to the previous day's 5.8% gain. Index's rebound pared losses to 25% since its highs in June 12.
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Fri, 10 Jul 2015 08:46:05 GMT

Kiwi up for third straight day

The New Zealand Dollar traded slightly higher against the Greenback on Friday, as investors focused on the Greek crisis and upcoming Janet Yellen's speech about the US economic outlook. The Kiwi rose 0.2% to 0.6753 against the US Dollar by 8:40 AM GMT, thus the Kiwi is higher for the third straight day. The Reserve Bank of New Zealand is

Fri, 10 Jul 2015 08:33:07 GMT

Gold inches higher on strengthening Euro

Gold inched higher on Friday, as the Euro strengthened on hopes that Greece will not exit the Euro zone by accepting a deal from its creditors. Spot gold was 0.3% higher to $1,162.5 an ounce by 8:15 AM GMT. On Wednesday gold touched the $1,146.75 an ounce on Wednesday, the lowest price since March 18th. The Euro strengthened against the

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