European stock markets drew the improving economic outlook from stable support for the euro zone on Tuesday, Australia cut interest rates to help its economy is facing a demand for commodities from China slowdown.
Britain and Germany in June industrial output data and updates on the health of the Italian economy is expected to continue later this optimistic data show that the region runs the 18-month-long recession is nearing completion.
Senior currency analyst Alistair Cotton, Currency Direct, said: "This is all about to exit this recession how fast, our market pricing, which will be the third quarter."
German government bond prices fell and Italian government bonds slightly firmer leading figures, while Europe's extensive FTSE Eurofirst 300 index FTEU3 flat, thin trading, many participants go on vacation.
European stocks steady tone contrarian in Asia, Morgan Stanley Capital International Asia-Pacific (excluding Japan) Index MIAPJ0000PUS fell 0.5% to a record low of two weeks, four days after the first loss.
Australian dollar recovered after the country's central bank cut interest rates 25 basis points to 0.6 percent to $ 0.8982 obtained, pull away a three-year low of $ 0.8848 set on Monday.
The move was widely expected, some traders disappointed that no future bank cut interest rates further signals.
"The most important market, it seems to have sold Australian dollars to this point, therefore, said:" Maybe this is a good moment to take the profits of these industries wheat peppers, Barclays Bank currency strategist in Singapore.
Move other major currencies relatively weak, loose 0.1% to $ 1.3247, the euro, while the dollar edged up 0.3 percent to 98.53 yen against the yen.
Single currency did not show a clear response, the ECB's decision-makers Peter Praet, low interest rates the bank has a loose forward guidance bias.
In commodity markets, copper added 0.1 percent to around $ 6,980 tonnes after a 0.4% decline (Monday), while gold fell 1%, a 0.6% decline in the previous session is not far extended to twelve week low of $ 1,282.69 hit on Friday
Brent crude oil futures prices fell 0.2 percent to around $ 108.50 a barrel, extending Monday fell 0.3% decline for the third consecutive title - this will be its self May longest losing streak since late run.
 



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