Ticker	Volume	Price	Price Delta
DJIA	15,467.10	+79.56	0.52%
S&P 500	1,676.20	+7.04	0.42%
Nasdaq	3,512.60	+10.47	0.30%

Ticker

Volume

Price

Price Delta

DJIA

15,467.10

+79.56

0.52%

S&P 500

1,676.20

+7.04

0.42%

Nasdaq

3,512.60

+10.47

0.30%

Ticker	Volume	Price	Price Delta
STOXX 50	2,835.01	+13.36	0.47%
FTSE 100	6,840.27	+36.40	0.53%
DAX	8,530.89	+58.69	0.69%

Ticker

Volume

Price

Price Delta

STOXX 50

2,835.01

+13.36

0.47%

FTSE 100

6,840.27

+36.40

0.53%

DAX

8,530.89

+58.69

0.69%

Ticker	Volume	Price	Price Delta
Nikkei	15,627.30	+246.24	1.60%
Hang Seng	23,261.10	-105.29	-0.45%
S&P/ASX 200	5,165.37	-14.69	-0.28%

Ticker

Volume

Price

Price Delta

Nikkei

15,627.30

+246.24

1.60%

Hang Seng

23,261.10

-105.29

-0.45%

S&P/ASX 200

5,165.37

-14.69

-0.28%

BREAKING NEWS

KKR Said to Weigh Investment in Saks, May Push for Neiman Merger

Societe Generale’s Yao Calls Yuan Band Widening ‘Big Gesture’

By Bloomberg News - 2012-04-14T06:54:57Z

Yao Wei, a Hong Kong-based economist at Societe Generale SA, comments on the widening of the yuan’s trading band by the People’s Bank of China.

“This is a small step but a big gesture of China’s commitment to liberalize its exchange rate. Recently China has clearly accelerated the pace of capital account openness.

“The change essentially gives more say to the market to determine the path of the yuan. Given the market expectations indicated by the currency forward curves, the yuan will probably continue fluctuating around current levels for some time, but with more volatility.”

To contact the Bloomberg News staff on this story: Zheng Lifei in Beijing at lzheng32@bloomberg.net

To contact the editor responsible for this story: Paul Panckhurst at ppanckhurst@bloomberg.net

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