Currencies
Currencies News
Aussie Slips on China PMI as Oil Climbs While Gold Holds Retreat
Australia’s currency and 10-year bonds dropped while Malaysia’s ringgit weakened after a Chinese manufacturing index fell to a four-month low before private data on the factory sector due today. Oil rose the first time in three days as gold held its first yearly retreat in 13 years.
Yen Holds Worst Annual Drop Since ’79; Aussie Weak on China PMI
The yen remained lower after its biggest annual decline since 1979 amid prospects the Bank of Japan will continue unprecedented stimulus measures to support the economy and end more than a decade of deflation.