Aussie fell to 3-month low before unemployment data

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Source: Bloomberg
The Australian Dollar touched a three-month low before a data this week, which may show jobless rate increased, adding to speculation the Reserve Bank of Australia may cut its interest rate next month. The Aussie Dollar declined 0.2% to $1.0164 after earlier reaching $1.0150, the weakest level since July 13. Australia's currency fell 0.4% to 79.81 Yen. 
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Mon, 08 Oct 2012 11:13:04 GMT

Gold held steady, investors eye U.S. employment data

On Monday, gold prices held steady during Asian trading session, as traders speculated that optimistic U.S. employment numbers did not mean improvements in the U.S. economy. On the NYMEX, December delivery futures for gold were traded at $1,741.15 per troy ounce, which was a 0.02% increase for the session.

Mon, 08 Oct 2012 13:08:58 GMT

The World Bank cut its growth forecast for Asia-Pacific region

The World Bank revised its growth forecast for the East Asia and Pacific region downward on Monday and indicated that China's economic slowdown was likely to worsen and last longer than expected. However, it is anticipated that China will face a soft landing with a 7.7% growth outlook for this year and 8.1% for next year. 

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