South Korean inflation reaches almost 2-year record low

Note: This section contains information in English only.
Source: Bloomberg
South Korean inflation slowed and exports dropped in April adding pressure on the Bank of Korea to keep benchmark interest rate unchanged. Country's exports tumbled 4.7% on annual basis following a 1.4% drop in March while inflation slowed to annual 2.5%. Analysts predicted the CPI to climb to 2.8% after a 2.6% gain in March. 
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Tue, 01 May 2012 08:00:48 GMT

Canadian Dollar weakens versus greenback on economy slowdown

Canadian currency depreciated to one-month record low against its US peer on Monday as data showed nation's GDP unexpectedly contracted in February, reducing room for the central bank to raise key rate. Loonie weakened 0.7% to CAD 0.9872 in Toronto session. Currently USD/CAD is trading at CAD 0.9884. 

Tue, 01 May 2012 06:57:45 GMT

US shares end slightly down on Monday

US stock markets finished Monday modestly down as Chicago PMI dropped slowed more than expected in April, boosting fears the overall manufacturing gauge on Tuesday also may show worsening. S&P 500 index lost 0.39% or 5.45 points and closed at 1,397.91, Dow Jones Industrial Average shed 0.11% or 14.68 points to 13,213.63 and Nasdaq Composite fell 0.74% or 22.84 points

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