European markets face choppy session for a third straight session

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Source: Marketwatch
European equity markets experienced one more choppy session on Wednesday led by banks after Fed Chairman Bernake claimed Europe's crisis is not over yet. Moreover US home sales unexpectedly declined. Stoxx Europe 600 index slipped 0.1%, FTSE 100 index traded flat while German DAX added 0.2%. French CAC lost 0.1% and Italian FTSE MIB index lost 1.3%.
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Thu, 22 Mar 2012 07:30:19 GMT

Japan reports unexpected trade surplus in February

Japan reported an unexpected trade surplus last month, after facing record deficit in January. The surplus approached 32.9 billion Yens as compared to a deficit of 1.5 trillion Yens in the preceding month, according to Ministry of Finance. The major contributor to the surplus was recovering US economy that spurred the demand for Japan's goods. The exports declined by 2.7%

Thu, 22 Mar 2012 07:59:02 GMT

Candian Dollar climbs on US growth perspectives

Loonie advanced against its commodity-linked counterparts on hopes it will gain from US growth and surging oil prices. Canadian currency slipped versus US Dollar which climbed versus most its peers after home sales data. Loonie added 0.1% versus Aussie and Kiwi to CAD 1.0377 and CAD 0.8094 respectively. It slipped 0.1% against greenback to CAD 0.9922. Currently USD/CAD is trading

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