tokyo extends rally but euro falters on greek debt talks
Last Updated : GMT 03:09:10
Arab Today, arab today
Arab Today, arab today

Tokyo extends rally but euro falters on Greek debt talks

Arab Today, arab today

Arab Today, arab today Tokyo extends rally but euro falters on Greek debt talks

Pedestrian looks at a share prices board in Tokyo
Hong Kong - AFP

A weaker yen helped Japan's Nikkei extend a recent rally after closing at a 15-year high in the previous session, but the euro struggled against other currencies ahead of crunch Greek debt talks.
With most of Asia's equities markets closed for the Lunar New Year holiday trade was thin, while the lead from Wall Street was also tepid.
Tokyo climbed 0.42 percent, Wellington added 0.42 percent and Manila gained 0.14 percent but Sydney fell 0.36 percent.
All other regional markets except Mumbai and Bangkok are closed for public holidays.
Finance ministers from the eurozone's 19 member countries will meet in Brussels on Friday to consider a proposal by Athens to extend its European loan programme, which expires at the end of the month.
The new Greek government has put forward a plan that will see it ask for an extension to its bailout but without many of the painful austerity measures it claims have ruined the country's economy.
Germany ratcheted up the pressure Thursday by dismissing the proposal, saying it was "not a substantial proposal for a solution", just moments after the European Union had hailed it as a step in the right direction.
However, there are hopes for a breakthrough after German vice chancellor Sigmar Gabriel said later that while the offer fell short, "it must be used as a starting point for negotiations".
And Chancellor Angela Merkel held talks with Greek Prime Minister Alexis Tsipras by telephone for nearly an hour, which a Greek government source said was in a "positive climate".
The euro fell Thursday to $1.1365 and 135.18 yen in New York -- against $1.1415 and 135.49 yen earlier in the day in Tokyo.
On Friday the single currency was at $1.1364 and 135.32 yen.
The dollar edged up against the yen after retreating Thursday in response to US Federal Reserve minutes that suggested it could hold off an interest rate hike until the latter part of the year.
The greenback bought 119.07 yen against 118.94 yen in US trade.
On Wall Street the Dow fell 0.24 percent and the S&P 500 dipped 0.11 percent from a record high following a poor forecast from retail giant Wal-Mart and losses in oil firms. But the Nasdaq added 0.37 percent.
Crude prices recovered slightly Friday after taking a beating over the previous two days as a US government report showed stockpiles at record highs, adding to worries about a global supply glut.
US benchmark West Texas Intermediate added 35 cents to $52.18 while Brent gained 23 cents to $60.44.
Gold fetched $1,209.13 an ounce, against $1,218.81 on Thursday.

arabstoday
arabstoday

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*

tokyo extends rally but euro falters on greek debt talks tokyo extends rally but euro falters on greek debt talks

 



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*

tokyo extends rally but euro falters on greek debt talks tokyo extends rally but euro falters on greek debt talks

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Banyan Tree Phuket Takes Festive Season

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Airbnb raided by Japan

GMT 01:55 2017 Saturday ,18 November

Airbnb raided by Japan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Ayten Amer happy for “The Flood” success

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success
Arab Today, arab today Unloved vultures fight for their survival

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 08:21 2017 Tuesday ,14 November

Nelly Karim focuses on humanitarian roles

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 13:40 2017 Monday ,13 November

Pollution spikes in Delhi amid warnings

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 01:04 2017 Wednesday ,15 November

In Morocco, a blue tourist town

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
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