Loonie under potential threat

Note: This section contains information in English only.
Source: Bloomberg
The Canadian Dollar is facing a serious threat after the U.S data revealed positive growth numbers against the slow economic growth in Canada. As major Canadian government bond holders are U.S investors, experts predict a contraction of as high as 5 cents for the Loonie and reaching its 5-year low, in case the Fed decides to increase interest rate. 
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Wed, 20 Aug 2014 08:51:03 GMT

German PPI stays in negative territory

The German Producer Price Index was negative year-on-year for the twelfth straight month as the monthly change was also worse than expected at -0.1% in July. Furthermore, the annual change for producer prices was also lower than previously thought at -0.8%. The consensus numbers for the data were around -0.7% and 0.0% for the year and month, respectively.

Wed, 20 Aug 2014 08:29:03 GMT

Dollar rises before Fed Minutes with Asian shares fluctuating

The US Dollar gained against most of the other currencies awaiting the release of Fed Minutes. The Dollar added 0.2% against the Yen and at least 0.3% against currencies such as South Korea's, Turkey's and New Zealand's. Meanwhile, the HSI was volatile after it closed at a six year high and the MSCI Asia Pacific index reached its highest since February but fell 0.2%.

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