Tuesday 25 March 2014

Asian Stock Market Down – Forex Up



stock market

Asian stock markets had slight records to look at this morning as equities stay to effort on the Russia Ukraine scenario and also reply to Wall Street. Asian markets are trading on a negative message today on the back of additional than expected decay in US manufacturing data in yesterday’s trade, thereby representative a slowdown in the world’s major economy.


The Hang Seng was low by 0.10% while the Nikkei 225 was low by 0.35% and the Chinese market was top by 0.33%. Asian stocks fell, through the regional benchmark key sliding after its main gain in a month. US markets stimulated frequently lower led moderately by a fall in US manufacturing movement.
Asian Dollar
Let European stock markets clipped last week’s gains to close lower on Monday, off the back of weak Chinese statistics and intensifying tension in Ukraine

The US Dollar Index traded down by 0.2 % yesterday on the back of optimistic market feelings in initial part of the trade which ran to fall in request for the little yielding currency. The astonishment performer this morning is the Australian dollar which is trading at 0.9138 after moving a 2014 earlier in trading services.

Remaining in the Pacific county the Japanese yen relieved against together the US dollar and the euro to trade at 102.30 and 141.53 as traders look carefully the effects of the sale tax rise hitting on the 1st of the month and the response by the Bank of Japan.


For More Details:  http://www.fxempire.com/news/forex-news/

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