Arab Today, arab today asian shares sink after wall street losses
Last Updated : GMT 21:46:51
Arab Today, arab today
Arab Today, arab today

Asian shares sink after Wall Street losses

Arab Today, arab today

Arab Today, arab today Asian shares sink after Wall Street losses

Wall Street
Hong Kong - AFP

Asian markets fell Thursday following a heavy sell-off on Wall Street as a mixed bag of data raised concerns about the global economy, while the dollar tumbled a day after breaking 110 yen for the first time in six years.
Traders are now awaiting a European Central Bank (ECB) policy meeting later in the day and the release of US jobs figures on Friday.
Tokyo tumbled 1.32 percent and Sydney was 0.49 percent lower while Seoul shed 0.80 percent.
Hong Kong, Shanghai and Mumbai were closed for public holidays. A pro-democracy campaign in Hong Kong is also being closely tracked.
Protest leaders have called for the leader of the financial hub to stand down by the end of the day or they will step up their demonstration, which has so far been largely peaceful.
US shares suffered heavy losses Wednesday after the Commerce Department said construction spending in August fell unexpectedly, while a separate report showed manufacturing activity slowed in September.
The Dow tumbled 1.40 percent, the S&P 500 fell 1.32 percent and the Nasdaq lost 1.59 percent.
Investors were unmoved by figures showing US private-sector employment increased 213,000 last month.
The main focus of attention is Friday's non-farm payrolls report, which is used as a barometer of the health of the world's number one economy. A strong result could be seen as giving the Federal Reserve more room to increase interest rates sooner than its mid-2015 forecast.
On currency markets the greenback also sank in New York, ending the day at 108.91 yen, well down from the 110.09 yen it touched earlier in Tokyo -- the first time it had breached 110 yen since August 2008.
In early trade Thursday it was at 108.94 yen.
The euro was also struggling ahead of the ECB meeting, which comes days after data showed inflation at its lowest level in five years, fuelling deflation fears and calls for fresh easing measures.
The euro bought $1.2623 and 137.59 yen against $1.2624 and 137.48 yen in US trade.
On oil markets US benchmark West Texas Intermediate for November delivery rose 24 cents to $90.97 while Brent crude for November gained 15 cents to $94.31.
Gold was at $1,215.88 an ounce against $1,213.29 late Wednesday.

 

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*

Arab Today, arab today asian shares sink after wall street losses Arab Today, arab today asian shares sink after wall street losses

 



Arab Today, arab today

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 shares sink after wall street losses Arab Today, arab today asian shares sink after wall street losses

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
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