Rubble slips on Putin comments

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Source: Reuters
The Russian currency weakened on Thursday trading session falling against the U.S. Dollar and the 18-nation bloc currency after the Russian Federation President Vladimir Putin commented on Ukraine's situation and as China posted trade surplus in April. The Rubble climbed 0.31% to 35.04 versus the U.S. Dollar and it traded at 48.79 per Euro.

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Thu, 08 May 2014 09:32:09 GMT

China's trade surplus widens in April

The Chinese trade balance came in a surplus in the month of April on an annual basis as imports and exports both returned to increase, the latest data revealed by the Custom Administration showed on Thursday. According to the report, the country's exports added 0.9% and imports gained 0.8% year-on-year in April, while the surplus recorded $18.5 billion.

Thu, 08 May 2014 09:10:02 GMT

Russian shares gain as Putin may delay referendum in Ukraine

Russia equities advanced on Thursday adding to gains recorded in the previous session as traders remain positive that the geopolitical tension between the Russian Federation and Ukraine may ease as Vladimir Putin tries to delay planned referendum in eastern Ukraine. The U.S. Dollar-denominated RTS index rose 1% to 1,239 points, while the MICEX gauge jumped 1.1% to 1,378.

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