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Breaking news on category 'Business, Economics, Finance, Stock and Markets' in Africa.
Iceland's central bank decided to lower its benchmark interest rates more than expected on Wednesday, as the island nation seeks to get its economy back on track. |

FXstreet.com (Barcelona) - Euro recovery from 1.32735 low on Monday was rejected yesterday at. For more information, read our latest forex news. |

FXstreet.com (Barcelona) - Euro recovery from 0.8170 low on Friday has been capped at 0.8280. For more information, read our latest forex news. |

FXstreet.com (Barcelona) - Crude Oil for September delivery dipped down to levels near $75.00,. For more information, read our latest forex news. |

FXstreet.com (Barcelona) - The European Monetary Union report on the construction sector improved. For more information, read our latest forex news. |

Eurozone seasonally adjusted construction output rose 2.7% month-on-month in June following a revisd 0.7% decline in May, data released by Eurostat showed Wednesday. On an annual basis, construction output grew 3.1% compared to a revised 6.2% fall in the previous month. |

The�Australian dollar fell today against the�Japanese yen on�the�speculation that Japan’s central bank will refrain from curbing the�yen’s gains and�after Australia’s wages growth slowed. The�Aussie also dropped versus the�greenback.(.)Read the rest of Aussie Falls on Lower Wages Growth (80 words) Posted on Forex News. |

Iceland's central bank on Wednesday decided to reduce its benchmark interest rates by 100 basis points. The Monetary Policy Committee of Sedlabanki cut the key lending rate to 7.00% from 8.00%. Analysts had expected a 50 basis point cut. |

FXstreet.com (Barcelona) - The minutes of BoE's latest monetary policy meeting have boosted the. For more information, read our latest forex news. |

The Japanese market snapped recent losses and ended in positive territory on Wednesday, taking cues from Wall Street where the major averages ended in positive territory with modest gains on better-than-expected earnings from Walmart and Home Depot. Optimism that the US economy is showing signs of recovery as well as speculation that measures will be announced to stem local currency's continuing strength as early as next week when the Prime Minister will meet the Governor of the Bank of Japan for discussions impacted market sentiment. |

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