Asian markets ease, Nikkei falls on rebounding Yen
FXstreet.com (Barcelona) - Yesterday's trading pulled the Yen to higher levels in reaction to Japan economy minister Amari's comments, saying that the JPY has depreciated to a level in line with fundamentals, and that further weakening could be harmful. Today's Asian session saw the Nikkei Stock Average pricing in these latest currency movements, falling -2.56%. Hong Kong's Hang Seng fell -0.49%, South Korea's Kospi shed -0.32%, and China's Shanghai Composite dropped -0.73%. On the "green" side was Australia's S&P/ASX 200 that rose +0.46%.
Futures for the German DAX 30 (-0.08%) and the French CAC 40 (-0.11%) are signaling a lower opening ahead of Italy trade balance, German bund action, and EMU CPI inflation report. WTI crude oil trades at $93.45 (+0.17%) and Gold moves to $1684 (+0.24%).
Futures for the German DAX 30 (-0.08%) and the French CAC 40 (-0.11%) are signaling a lower opening ahead of Italy trade balance, German bund action, and EMU CPI inflation report. WTI crude oil trades at $93.45 (+0.17%) and Gold moves to $1684 (+0.24%).
Free Annual Reports