Archive for August 13th, 2013

New Overnight Developments Abroad - Daily Update

Weaker Yen Helps to Lift Equities

August 13, 2013

The yen is weaker than 98/USD and 1.3% below its Monday close.  Other dollar pairs are hardly changed with gains of 0.3% versus the Swiss franc, 0.2% relative to the loonie, and 0.1% against the Aussie dollar, kiwi, euro and sterling.  The yuan is steady. Japan’s Nikkei jumped 348 points or 2.6%.  Elsewhere in the […] More