Arab Today, arab today asian markets slip as europe fears weigh
Last Updated : GMT 22:54:58
Arab Today, arab today
Arab Today, arab today

Asian markets slip as Europe fears weigh

Arab Today, arab today

Arab Today, arab today Asian markets slip as Europe fears weigh

Hong Kong - Arabstoday

Asian markets mostly fell yesterday and the euro slipped as concerns over the Eurozone debt crisis refused to abate, before Italy held an auction of long-term debt. With trading light due to the Christmas holidays, Asia also had little cue for direction from Wall Street and Europe despite Rome having enjoyed a successful sale of short-term bonds on Wednesday. Tokyo shed 0.29 per cent, or 24.73 points, to end at 8,398.89 while Sydney fell 0.43 per cent, or 17.7 points, to 4,071.1. Hong Kong fell 0.65 per cent, or 120.75 points, to 18,397.92. Seoul was flat, edging up 0.62 points to 1,825.74 on the market\'s last trading day of the year, while Shanghai staged an afternoon spurt to end 0.16 per cent, or 3.55 points, up at 2,173.56. Japanese exporters were hurt as the yen surged to its highest level against the euro since June 2001, with dealers nervous ahead of the Italian bond sale. Markets took scant relief from Italy\'s auction on Wednesday of €9.0 billion ($11.8 billion) in six-month bonds at low rates, with broader Eurozone worries still dominating trade. After Asian markets closed, Italy raised €7.0 billion in a 10-year bond issue with interest rates held below the danger threshold of seven per cent, suggesting improved market confidence. The amount raised however fell below a maximum sought of €8.5 billion and the rate on bonds due in 2021 was 6.7 per cent — higher than the 5.77 per cent for the last similar sale in October. News that Eurozone banks deposited a record amount of overnight funds at the European Central Bank on Tuesday — breaking the record set the day before — indicated lingering tensions in the single-currency zone. Banks put €452.03 billion on deposit for 24 hours at the ECB overnight on Tuesday, beating the previous record of €411.8 billion set on Monday. Rising levels of deposits are seen as a sign of market tension, with heavy use of the facility suggesting banks favour parking the money at low interest rates rather than lending to each other. The huge amounts indicate banks are hoarding cash after more than 500 of them last week borrowed a record €489.2 billion from the ECB in a new three-year lending facility.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today asian markets slip as europe fears weigh Arab Today, arab today asian markets slip as europe fears weigh

 



Arab Today, arab today
Arab Today, arab today Nohan Seyam designs beautiful accessories

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today 57 monkeys carrying 'invasive' genes

GMT 16:00 2017 Tuesday ,21 February

57 monkeys carrying 'invasive' genes
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 16:08 2017 Wednesday ,15 February

Shawsh reveals her collection "Jewelry of dreams"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday