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’s weaker growth tempered confidence in the regional economic rebound.
Most markets were modestly higher in the first two hours of trading but reversed course as the latest figures raised doubts about the outlook for major economies.
fell below $82 a barrel amid signs of tepid U.S. crude demand and the dollar lost ground against [...]
Mon, Mar 8 2010, 06:16 GMT
Major currencies starting trading this week gaining against the dollar extending its correctional move started by the end of last week. The USDIX that tracks the dollar’s strength against a basket of major currencies fell in today’s Asian session to record a low of 80.13 and a [...]
Sat, Feb 13 2010, 10:36 GMT
by ecPulse.com analysis team
Last week witnessed a number of major fundamentals from Asian economies pushing equity markets up after fluctuations witnessed in the beginning of the week. Easing inflation in China and declining unemployment in Australia were enough to increase investors’ appetite for risk, helping Asian [...]
Tue, Jan 26 2010, 09:07 GMT
USD rallied back in the Asian session, as news that China was againraising its reserve requirements on select banks and S&Ps loweringof Japans outlook spooked investors. Yesterday, Wall Street was able toclose on a postive note, but news from China and Japan clouded thesentiment.The Nikkei closed down [...]
SINGAPORE (Reuters) – Asian stocks fell on Monday after Wall Street’s worst three-day slide in 10 months, but moved off intra-day lows as a gain in U.S. futures signaled New York markets could recover some of last week’s losses.
European stocks, however, were seen likely to extend last week’s falls, hit by the White House’s [...]
's worst three-day slide in 10 months, but moved off intra-day lows as a gain in U.S. futures signaled
could recover some of last week's losses.
European stocks (.FTEU3), however, were seen likely to extend last week's falls, hit by the White House's plan to curb risk taking by
, weaker-than-expected corporate earnings and fears [...]
dropped Thursday after China’s economy surged last quarter, adding to worries about Beijing’s ability to prevent overheating without derailing the recovery.
Major markets were down by less than 1 percent, following sharp losses on
.
rose while the dollar gained against the yen and euro.
, declaring itself the first country to recover from the [...]
Tue, Jan 19 2010, 08:23 GMT
The USD drifted lower in yesterday’s thin holiday markets but has since recovered to almost flat on the day (DXY 77.00) after news of another hike in the yield of Chinese 1-year bills and confirmation of the long-speculated filing for bankruptcy protection from troubled Japanese airline JAL. [...]
Mon, Jan 18 2010, 04:50 GMT
The bearish sentiment in energy market is carried forward to this week. WTI crude oil price extends the fall to 77.07 in Asian session Monday. While we are having a light calendar today, investors continue to sell the commodity because of the weak economic data released [...]
's worst performance so far in 2010 hit Asian stocks Monday amid fresh concerns over the pace of recovery, while Japan Airlines (JAL) sank to a new low ahead of its expected bankruptcy.
A dive in oil prices also hit sentiment, as crude tumbled after the
(IEA) last week predicted “sluggish” demand this year in [...]