European shares fall after Bernanke's statement

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Source: Bloomberg
European shares declined after the Fed's Chairman Bernanke said that the central bank could end stimulus next year if the economy will continue to grow. The Stoxx Europe 600 Index dropped 1.5% to 287.86 as of 8:05 a.m. London time, the biggest retreat in a week; moreover, the equity benchmark has fallen 7.3% since May 22, when was the previous Bernanke's testimony.
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Thu, 20 Jun 2013 09:52:13 GMT

Canadian shares drop after Fed says it could reduce stimulus tempo

Canada's shares declined, after climbing for two days in a row, as the Federal Reserve announced that it could slow the pace of asset purchases in this year as U.S. economy shows more signs of growth. The S&P/TSX retreated 0.8% to 12,268.29, adding to signs the index has jumped 1.5% in the last two trading sessions. 

Thu, 20 Jun 2013 09:20:34 GMT

Australian Dollar reaches 3-year low amid China stagnation

Australian currency declined to the weakest level in three years against the U.S. Dollar as manufacturing dropped unexpectedly in China. The Aussie plummeted 0.5% to 92.53 against the greenback, after it fell 2% yesterday. Chinese manufacturing Purchasing Managers' Index decreased from 49.2 in May to 48.3 in June.

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