Yen weakens before U.S. labour data

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Source: Reuters
The Japanese currency declined on Thursday and traded near the weakest level in five years against the euro-area currency and a six-month trough versus the U.S. Dollar before a report showed situation on the U.S. labour market. The Yen dropped to 102.39 per U.S. Dollar following a slide to 103.38 earlier this week, while it traded at 139.06 per Euro, near its 5-year low at 140.03.

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Thu, 05 Dec 2013 08:45:05 GMT

Australia's merchandise trade gap widened in October

Merchandise trade balance in Australia came in deficit in the month of October, what is more, the shortfall exceeded economists' original expectations, a report released by the Australian Bureau of Statistics revealed on Thursday. According to the report, the country's merchandise trade deficit was A$529 million compared to an estimated level of A$350 million.

Thu, 05 Dec 2013 08:23:09 GMT

U.S. shares fall 4th session in row on stimulus

Wall Street shares edged lower on Wednesday closing lower for the fourth successive session with about 60% of traded stocks on the NYSE falling amid concerns over the Federal Reserve monetary policy and its scale-back. The Standard & Poor's 500 Index declined 0.13% to 1,792.81, the Dow Jones industrial average fell 0.16% to 15,889.77 and the Nasdaq Composite Index added

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