Asian shares recover from drop

Note: This section contains information in English only.
Source: Bloomberg

Asian stocks gained after experiencing the largest fall since May. With shares losing due to geopolitical risks last week today the Asian indexes increased substantially. The MSCI Asia Pacific Index added 1.2% and reached 145.84 as it rebounded from the 1.4% drop last Friday. Regional indexes such as Topix and HSI jumped 1.8% and 1.2%, respectively.

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Mon, 11 Aug 2014 08:16:09 GMT

Yen retreats from highs as political tensions wane

The Yen declined against the Dollar on Monday as demand for the safe haven asset fell due to lessened geopolitical risk. With Russia ending its military drills close to the border of Ukraine and a new ceasefire starting in Gaza the USD/JPY pair gained 0.1% and was trading at 102.17. Meanwhile, the EUR/USD pair declined 0.1% to 1.3344.

Fri, 08 Aug 2014 15:48:08 GMT

US Dollar rises against the Loonie after data

The Greenback jumped to trade close to its highest value in three months versus the Loonie due to concerns regarding geopolitical tension in Ukraine and Iraq, and also due to disappointing Canadian employment. The pair hit 1.0963 in the European session and proceeded to consolidate at 1.0959, representing a 0.36% gain.

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