Japanese stocks retreat from highest in two months

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Source: Bloomberg
Japanese stocks dropped, with the regional Topix index falling from the highest level in two months, after shipping lines and construction companies posted losses. The Topix declined 0.2% to 1,219.92 at the close in Tokyo, after decreasing 0.7%, the index has fallen 18% from its highest level on May 22, while the Nikkei 225 Stock Average slid 0.3% to 13,731.28.
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Wed, 24 Jul 2013 08:46:05 GMT

Euro reaches one-month high after German PMI advances

The Euro block's currency advanced versus the U.S. Dollar after Germany posted better-than-forecast manufacturing and services PMI report in July. The Euro jumped 0.19% to $1.3247 versus the U.S. currency. German flash manufacturing PMI increased from 48.6 points in June to 50.3 in July, it was forecast to advance to 49.2.

Wed, 24 Jul 2013 09:08:07 GMT

Yen falls with trade report; disappointing Chinese inflation

The Japanese Yen plummeted versus the U.S. Dollar, as Japan's trade deficit declined less-than-predicted and Chinese preliminary manufacturing report came in under estimates. The Japan's currency depreciated 0.39% to ¥99.83 versus the U.S. Dollar and retreated 0.43% to ¥153.50 versus the Sterling, and fell 0.30% to ¥131.88 versus the 17-nation currency.

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