asian markets update
Asian markets rise on corporate earnings; Euro and Pound steady at mid-term highs
FXstreet.com (Barcelona) ? Asian markets are going through moderate gains on improved confidence after better than expected corporate earnings forecasts by Olympus and Nissan. Euro and Pound remain steady at high levels, while the Dollar dropped lower against the Yen.Japanese Nikkei Index adds 0.7%, and the Hong Kong Hang Seng Index rose another 0.7%, markets in Australia, New Zealand and India are going through losses.Olympus rose 12% on the back of a company earnings forecast of 40 billion Yen, against
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Asian markets mixed, Dollar and Yen, stronger
FXstreet.com (Barcelona) ? Asian stock markets have been fluctuating between positive and negative territory on Wednesday as concerns over the results of banks? ?stress test? have brought risk aversion to the markets. Euro and Pound have declined from yesterday?s highs and the Yen has appreciated across the board.With Japanese markets closed for bank holiday, Australia?s S&P/ASX 200 Index edged down 0.8%, while South Korea?s Kospi fell 0.4%. China?s Shanghai Composite Index gained 1%.Banks and commodity producers have been the
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Asian markets plunge after weak U.S. consumption; Euro and Pound, lower
FXstreet.com (Barcelona) - Asian markets have declined as weak U.S. consumption dampened hopes of a fast economic recovery. Euro and Pound have dropped, while the Yen consolidates at 3-week high.All benchmark markets have posted considerable declines on Thursday. Tokyo Nikkei Index has declined 2.7%, while Hong Kong?s Hang Seng Index lost 3.2% and South Korean Kospi Index dropped 2.0%.Investors? confidence in Asian consumer-driven economies has been hit by the second consecutive decline on U.S. retail sales, which consumption remains weak
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Asian markets down on swine flu concerns, Euro and Pound, down; Yen surges
FXstreet.com (Barcelona) ? Asian markets are going through losses on Tuesday as swine flu continues weighing on investors and hitting airlines and tourism-related firms. Euro and Pound have declined and the Yen has risen against Dollar on risk aversion.Tokyo Nikkei Index is trading 2.03% below its opening level, and South Korean Kospi Index was dropping 0.8% while Hong Kong?s Hang Seng Index edged down 0.3%.Pharmaceutical companies have soared, with Chugai Pharmaceutical up 4.3%; Korea's Yuhan 5.6% up and
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Asian markets gain driven by technologicals; Euro and Pound consolidate
FXstreet.com (Barcelona) ? Most Asian markets are going through gains on Wednesday, driven by technological firms on the back of Elpida Memory Inc?s plan to raise prices of its memory-chips. Euro and Pound remained trading sideways.Tokyo?s Nikkei Index has edged up 0.5%, while South Korean Kospi Index rose 1.4%, while Hong Kong?s Hang Seng Index edged down 0.1%. Markets in Australia, Singapore and New Zealand have posted losses.In the macroeconomic area, Australian CPI grew at a 2.5% year on year
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Asian markets rise on hopes of economic recovery; Euro and Pound slightly higher
FXstreet.com (Barcelona) ? Asian markets have soared on Monday as swine flu fears ebb and strong economic data supports the idea of a global economic recovery. Euro and Pound have appreciated slightly, while the Yen remains in range.China?s Shangai Composite Index rose 2.3% and Hong Kong?s Hang Seng Index added 2.4%; South Korean Kospi Index rose 1.5%. markets in Japan are closed on Monday.Asian markets have been buoyed on Monday by positive macroeconomic data coming from U.S. Consumer sentiment rose
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Asian markets rise on renewed investors' confidence; Euro and Pound pick up further
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Asian markets rise on bargain hunting; Euro and Pound rally
FXstreet.com (Barcelona) ? Asian markets have advanced on Wednesday as concerns about the swine flu outbreak ease, amid rumours of U.S. banks having to raise capital. Euro and Pound have bounced from yesterday´s lows and advanced upwards during today?s Asian session.South Korean Kospi Index has climbed 1.6%, while Hong Kong?s Hang Seng Index rose 1.8%. Markets in Japan are closed on bank holiday. Commodities and consumer-related firms have been bought the largest today., with China Petroleum & Chemical Corp. gaining
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