- Dollar Drops To 5-day Lows Against Yen And Franc
- Japanese Currency Extends Uptrend, Hits New Multi-day Highs Against Majors
- Australian dollar slumps to new multi-day lows against majors
- New Zealand Dollar Slumps To 3-week Low Against US Currency
- Office Depot Warns of Margin Pressure Due to Challenging Economic Conditions - update
Today, the stock markets across the Asia-Pacific region closed mostly lower Tuesday, tracking Wall Street's decline overnight. The financial sector lost ground after U.S. mortgage providers Fannie Mae and Freddie Mac slumped on funding concerns. Crude oil has eased back to $141.36 a barrel in late Asian deals after gaining more than a dollar to trade above $142 a barrel in early trade.
Asian stocks were hammered overnight, as the Hang Seng of Hong Kong plunged 692 points, while Tokyo's Nikkei lost 326 points -- its thirteenth decline in the past fourteen sessions.
In European intraday dealing, the FTSE of the UK was down 126 points, the CAC of France was down 101 points, and the DAX of Germany was down 145 points.
Source : RTT News
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