U.K. Equities climbs after China's announcement to grow at least 7%

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Source: Bloomberg
U.K. equities gained as the Prime Minister of China Li Keqiang announced that the economy will expand at least 7%. Rio Tinto and BHP Biliton, the world's largest mining companies, advanced 2%. The British FTSE 100 increased 0.3%, or 18.9 points, to 6,641.36 as of 11:25 London time. Several gauge's companies will publish their earnings this week.
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Tue, 23 Jul 2013 13:18:05 GMT

Dollar rises as treasury yields increase

The greenback advanced versus its major counterparts as treasury yield increase supported the Dollar. The common currency declined 0.04% to $1.3173. The Dollar rose 0.32% to 99.92 against the Yen. The Pound depreciated 0.08% to $1.5343, while the Aussie was down 0.11% to 92.40. The return on 10-year treasuries jumped 3 basis points to 2.513%.

Tue, 23 Jul 2013 12:56:05 GMT

Yen declines as demand for Dollar rises

The Japanese Yen depreciated, ending its morning sessions gain, after the greenback entered in a bull market. The Japan's currency dropped 0.31% to 99.95 versus the Dollar at 10:15 a.m. GMT. The downward pressure on the currency started as some experts see possible complications with implementation of Prime Minister of Japan Shinzo Abe's expansionary policy.

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