Yen gains against all its most-traded peers

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Source: Bloomberg
© Scanpix/RS
The Japanese currency increased versus all of its 16 most-traded peers on Tuesday amid speculation that recent fall towards 100-per-U.S. Dollar level was too steep. The Yen was traded 0.2% higher at 99.10 per U.S. Dollar at 1:54 p.m. Tokyo time from yesterday's closing price after it slipped 2% in the last 3 sessions, while it advanced 0.2% to 129.65 per Euro.

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Tue, 07 May 2013 06:48:04 GMT

Gold drops as physical purchases slows

Gold decreased on Tuesday amid speculations that purchases of physical gold eased as prices of the metal advanced to the strongest level since April 15, when the bullion entered its worst bear market in three decades. May gold futures fell as much as 0.7% to $1,459.60 an ounce and were traded at $1,465.25 as of 12:18 p.m. Singapore time.

Tue, 07 May 2013 06:26:05 GMT

China's stocks drop led by technology and health-care companies

The majority of Chinese shares declined on Tuesday as the technological sector and health-care companies led the fall before a data showed that exports in the country rose at the slowest pace in 5 months in April. The Shanghai Composite Index advanced 0.1% to 2,232.31 as of 1:05 p.m. local time and the CSI 300 Index gained 0.1% to 2,525.80.

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