Gold close to four-month low after Fed signals to taper

Note: This section contains information in English only.
Source: Bloomberg

The gold almost reached the four month low, after the FOMC signaled sooner than expected tapering, thus reducing the investor activities. The gold for immediate delivery gained 0.2%, while the bullion for December delivery slumped 0.8%. The prices for gold tumbled 2.7% yesterday and 26% this year, thus coming closer to the first annual fall since year 2000.

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Thu, 21 Nov 2013 10:16:03 GMT

Yen weakens as yield gap increases

The Japanese Yen dropped 0.7% against the U.S. Dollar, thus reaching the lowest level in four-months, after the Federal Open Market Committee minutes hinted that the bond purchase might be slowed in the coming month. The Japan's currency also slumped 0.6% versus the shared currency, while this year the Yen has depreciated 12% versus its nine major peers.

Thu, 21 Nov 2013 09:47:11 GMT

French manufacturing and service sector activity retreats in November

Activity in manufacturing sector of France continued to decline in November of this, as the pace of decrease reached a six-month highest level. The PMI Index, which measures the activity level, contracted to 47.8 points. Moreover, the service sector of the country turned to retreat as well, as the PMI Index for this sector dropped to 48.8 points. The reading

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