Pound falls amid lower property prices

Note: This section contains information in English only.
Source: Bloomberg
The Pound depreciated versus the Euro for the first time in three days on belief declining real estate prices will drive the U.K. economy deeper into the crisis, adding signs the BoE will purchase more assets to boost growth. The Pound fell 0.4% to 74.96 pence per Euro, after reaching 79.55 pence, the least since Aug. 7. The Sterling dropped 0.2% to 124.14 and was stable at $1.5793.
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Tue, 28 Aug 2012 13:08:06 GMT

Aussie, Kiwi decline amid new home sales data

The Aussie continued a four-day decline versus the Yen as private data posted the South Pacific nation's new house sales tumbled for the first time in four months. On Tuesday, the Aussie was at $1.0365, after touching $1.0345, the least since July 26. It dropped 0.3% to 81.29 Yen. The Kiwi slid 0.1% to 80.76 U.S. cents and 0.4% to

Tue, 28 Aug 2012 08:52:07 GMT

Corn dropped on accelerating US harvest

Farm commodities apart from coffee edged down on Monday on signs that US export demand is slowing. Better crop conditions in Brazil and India also weighted down on the agricultural commodities. Wheat was lower as US export growth is slowing as Russia sells wheat below the US prices inflated by recent drought. Corn was the worst-performer as US harvesting started to accelerate

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