Loonie falls as inflation remains low last month

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Source: Bloomberg
The Canadian Dollar weakened on Friday falling towards the lowest level in a three-year period after a government report showed that inflation in the country stayed below the Bank of Canada's target ranging between 1% and 3%. The so-called Loonie dropped 0.1$ to C$1.0676 per Greenback by 12:16 p.m. Toronto time following a slide to C$1.0738, the least since May 2010.

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Mon, 23 Dec 2013 10:30:11 GMT

Finnish producer prices decline in November

Producer price index in Finland continued to decrease in November of this year, as prices fell for a fourth month in a row. The pace of decline in November, however, remained on October's level at 0.9% on the annual basis. At the same time, it is worth pointing out that the PPI for products sold inside the country stayed flat

Mon, 23 Dec 2013 08:41:07 GMT

Copper rises as Fed tapers off

Copper traded in London increased on Friday narrowing this week's decline as traders put their bets on weaker metal prices after the Federal Reserve curbed its monetary easing by $10 billion a month as the local economy grew 4.1% in Q3. Copper for March settlement added 0.6% to $7,245 per metric ton as of 11:25 a.m. on the London's Metal

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