Euro strengthens versus U.S. Dollar and Yen on U.S. data

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Source: Reuters
The 17-nation bloc currency advanced on Monday traded near the strongest level in six weeks versus the U.S. Dollar and reached a five-year peak versus the Japanese Yen after a government report showed that U.S. payrolls increased last month. The Euro strengthened from $1.3701 on Friday to $1.3748 earlier on today's session, while it traded at 141.54 yen, the most since October 2008.

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Mon, 09 Dec 2013 09:30:12 GMT

China's exports advance notable in November

Exports in China increased in November pushing the country's trade surplus to the strongest level in almost five years rising from $31.1 billion in September to a level of $33.8 billion in the following month, the National Bureau of Statistics reported on Monday. China's exports grew to 12.7% on an annual basis in November from 5.6% in the prior month,

Mon, 09 Dec 2013 09:08:05 GMT

China's inflation slows easing fears of policy tightening

Inflation in the world's second largest economy advanced in November, however, the pace of growth was slower than economists originally expected suggesting that the Bank of Japan may continue its aggressive bond-purchasing program. China's year-on-year consumer inflation eased from the highest level in eight months of 3.2% in October to 3% in the following month.

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