Aussie depreciates after confidence data

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
The Australian Dollar slipped by 0.3% to 99.95 per U.S. Dollar in the second part of Sydney trading session on Monday. The currency touched a 99.61 level on 10th of May and it was the weakest level since 14 of June. Today a private report indicated a decrease in business confidence amid concern that the Reserve Bank will cut the key interest to curt a strength of the domestic currency.
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Mon, 13 May 2013 08:27:04 GMT

Chinese stocks slide ahead industrial output data

The Shanghai Composite Index was lower by 0.2% to 2,242.07 points by the midday in Shanghai's trading session on Monday. Investors were concerned about a current macro situation, which do not show any improvement. The government announced about a study to curb home prices in a long term. Also, traders wait for data on industrial production and retail sales.

Mon, 13 May 2013 07:07:03 GMT

Japanese equity advances as G-7 tolerates weak Yen

Japanese Topix Index was higher by 1.4% in the second half of Tokyo trading session on Monday. Investors were positive on equity markets, as Group of Seven officially said that they will tolerate the weak Yen's exchange rate. The exports sector will be definitely beneficiary of that, since Japanese goods will be more competitive in global markets. 

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