Aussie, Kiwi strengthen versus U.S. Dollar amid new budget limit hopes

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Source: Bloomberg
The Australian and New Zealand's currencies jumped against the U.S. Dollar on Tuesday as markets become optimistic about a new deal on the U.S. federal debt limit curbing demand for refuge assets. The so-called Aussie advanced 0.5% to 95.39 U.S. cents, the highest level since June 19, while the New Zealand's Kiwi added 0.4% to 83.92 U.S. cents.

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Tue, 15 Oct 2013 07:30:58 GMT

Japan's industrial output slips more than forecast

Industrial output in Japan decreased more than economists originally expected in the month of August, a report released by the Ministry of Economy, Trade and Industry showed on Tuesday. The report showed that the country's industrial production fell 0.9% on a monthly basis in August after it dropped 0.7% in the month before, while on an annual basis it slipped

Tue, 15 Oct 2013 07:47:07 GMT

Japan's stocks fluctuate amid U.S. debt limit hopes

Japan's equities swung between gains and losses on Tuesday with benchmark regional index recording a modest increase on hopes for a new debt limit deal in the U.S. and as paper-maker companies added, while non-ferrous metal producers and brokerages dropped. The Topix advanced less than 0.1% to 1,197.66 by 1:58 p.m. Tokyo time.

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