Aussie and Kiwi rise on China's PMI

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Source: Bloomberg
The Australian currency increased on Monday rallying from the weakest level in a three-month period, while the New Zealand's Dollar gained for the second straight session after a report showed that China's PMI rose more than expected in November. The so-called Aussie added 0.5% to 91.54 U.S. cents by 5:22 p.m. Sydney time following a drop to 90.56 on Friday, the lowest since September 4.

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Mon, 02 Dec 2013 10:40:03 GMT

China's shares slip as government resumes IPO

China's equities declined on Monday with the small-companies gauge falling by a record as government signaled that it resumes initial public offerings and as data showed that manufacturing in China rose in November. The Shanghai composite Index slipped 0.9% to 3:07 p.m. Tokyo time, whereas the ChiNext shrank 8.1% during the session.

Mon, 02 Dec 2013 10:18:04 GMT

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