Yen weakens amid speculation government cut taxes

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Source: Bloomberg
The Japanese currency weakened on Thursday trimming its four-day advance against the U.S. currency amid speculations that the country's government will intend to cut corporate tax and make changes in pension funds towards riskier assets. The Yen fell 0.3% to 98.76 per U.S. Dollar at 1:27 p.m. Tokyo time and it declined 0.3% to 133.57 per Euro.
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Thu, 26 Sep 2013 07:23:03 GMT

France's unemployment drops in August

Unemployment in France declined in the month of August for the first time in more than a two-year period, the latest data released by the labour ministry revealed on Wednesday. The total number of people claiming for initial unemployment benefits decreased by 50,000 or 1.5% on a monthly basis in August, when the number of unemployed people totalled 3.24 million.

Thu, 26 Sep 2013 06:47:03 GMT

WTI drops as demand falls

West Texas Intermediate oil continued to fall on Thursday falling for the sixth day in a row extending its series of losses on 16 months after the U.S. government showed in a report that inventories increased surprisingly as demand fell. WTI futures for delivery in November dropped 46 cents to $102.20 a barrel on the NYMEX and were traded at

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