European equities close below the flatline as earnings low

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Source: WBP Online
European stocks declined slightly at the closing on Friday as major companies reported weaker-than-expected earnings in the second quarter. The Euro Stoxx 50 fell 0.05% to 2,716.50. The French CAC 40 gauge lost 0.04% to 3,926.30, while Germany's DAX was 0.04% down at 8,333.8. The U.K. FTSE 100 dropped 0.07% to 6,629.80.
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Mon, 22 Jul 2013 05:32:05 GMT

Canadian loonie weakens as CPI below target

Canadian Dollar depreciated after a release of inflation report that showed a 1.2% increase in CPI which is below the central bank's 2% target. The Canada's currency lost 0.6% against the New Zealand Dollar and 0.5% against the South African Rand, while it still managed to climb 0.1% versus the greenback, reaching C$1.0370 per U.S. Dollar.

Mon, 22 Jul 2013 05:21:05 GMT

Corn declines on good weather conditions

Soybean and corn futures decreased amid forecasts that weather will cultivate crop conditions in the U.S. A report showed that low temperatures and rain will moisturize soil that will benefit harvest. Corn futures for December settlement decreased 1.2% to $4.945 per bushel as of 10:03 a.m. on the Chicago board of Trade. Soybeans futures for November settlement fell 0.1% to

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