Emerging-market stocks heading to 4-month low

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Source: Bloomberg
Emerging-market stocks fell on Wednesday declining to the weakest level in four months mainly due to a drop of energy companies as falling commodity prices pushed down equities from Russian and Brazil. The MSCI Emerging Market Index slipped 0.9% to 1,000.02 as of 11:55 a.m. New York time, while the index has dropped 4.9% this year.

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Thu, 18 Apr 2013 06:22:03 GMT

European stocks fall led by carmakers and commodity producers

European equities dropped to the weakest level since the beginning of 2013 pushing the benchmark index Stoxx Europe 600 down for the fourth day, the longest losing streak in a three-month period, mainly due to a fall of automakers and commodity producers. The Stoxx Europe 600 Index was traded lower by 1.5% recording 283.82 at 4:30 p.m. London time.

Thu, 18 Apr 2013 05:54:03 GMT

U.S. Dollar rises versus Euro amid demand for currency as refuge

The U.S. Dollar appreciated on Wednesday rebounding from the weakest level in 7 weeks against the Euro after demand for the currency as haven asset was fuelled by decline of stocks and commodities in global markets. The so-called Greenback increased by 0.4% to $1.3128 per euro earlier on Wednesday New York session following a decline to the lowest since February

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