Canadian shares jump as gold manufacturers overshadow wholesale report

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Source: Bloomberg
Canadian shares advanced, after the largest decline since June yesterday, as an increase in gold manufacturers overshadowed report indicating a drop in the Canada's wholesale sales. The Standard & Poor's/TSX Composite Index inched up 41.99 points to 12,630.01, adding to signs the index has added 1.6% this year.

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Wed, 21 Aug 2013 08:01:08 GMT

Dollar advances against Asian counterparts

The greenback appreciated against its Asian peers as the minutes from the Fed's previous meeting is awaited by investors and they might give signals on tapering. The U.S. currency rose 0.4% to 90.38 U.S. cents per Aussie and gained 0.5% to 79.40 cents versus its New Zealand counterpart. The greenback climbed 0.4% to 97.64 Japanese Yen.

Wed, 21 Aug 2013 05:24:05 GMT

Canadian Dollar drops against most counterparts as RBA signals rate cut

The Canada's Dollar retreated versus the majority of it counterparts after the central banks of Australia and New Zealand provided signs that steps may be taken to reduce the value of their currencies. The Canadian Dollar weakened 0.4% to C$1.0390 versus the U.S. Dollar at 8:34 a.m., the currency reached C$1.0402, the lowest level since August 8.

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