US dollar falls against other major currencies

New York, May 3 (IANS) The US dollar declined against other major peers on Monday as economic data from the country came out weaker than expected, Xinhua reported.

In late New York trading, the euro rose to $1.1523 from $1.1448 in the previous session, while the dollar bought 106.47 Japanese yen, lower than 106.69 yen of the previous session.

Spanish stock market falls 0.04 percent

Madrid, May 3 (IANS) The Spanish stock market index Ibex-35 fell 0.04 percent on Monday to close at 9,022.10 points, down from the 9,025.70 points of Friday.

On Monday’s session, Banco Popular shares led falls losing 3.79 percent, followed by Sacyr, ArcelorMittal, Gamesa, IAG and Banco Sabadell that lost 1.99 percent, 1.70 percent, 1.69 percent, 1.37 percent and 1.32 percent respectively, Xinhua reported.

On the other hand, Mapfre shares led rises climbing 2.03 percent, followed by Inditex, Merlin, Acciona, DIA and Iberdrola that rose 1.62 percent, 1.58 percent, 1.42 percent, 1.38 percent and 0.89 percent respectively.

Meanwhile, Spain’s risk premium closed at 131.60 points and Spain’s 10-year bond interest rate stood at 1.58 percent, both showing no variations when compared with Friday.

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