Loonie falls as growth of home prices eases in March

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Source: Bloomberg
© Scanpix/AP
The Canada's Dollar fell on Thursday snapping a four-day streak of gains against its U.S. peer before a report showed that home prices in the country rose less in March than the month before adding to arguments that BoC may raise interest rates. The so-called Loonie dropped 0.1% to C$1.0037 per U.S. Dollar and it buys 99.63 U.S. cents.

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Thu, 09 May 2013 19:26:03 GMT

U.S. Jobless claims drop unexpectedly to 5-year low

Initial jobless claims for unemployment benefits in the U.S. edged down surprisingly in the week ended on May 4 falling to the lowest level in five years, a report released by the Labor Department showed on Thursday. According to the report jobless claims fell to 323,000 from 327,000 to 323,000 recorded last week, while economists expected an increase to 335,000.

Thu, 09 May 2013 18:31:04 GMT

Italian yields higher

On Thursday, Italian bond yields erased previous losses, which left the yield almost unchanged at the level of 3.84% by 8:44 a.m. in London. Earlier, yields hit the level of 3.81%. At the same time, yields on Spanish government debt witnessed an increase, following an auction with weak demand.

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