Singapore (Reuters) - Asian shares fell Tuesday, with the fall of the prices of raw materials by dragging on stocks of mines, while the Australian dollar subdivided after the Central Bank held has increased the interest rates and currency as the decision that Conservatives win a federal election.
The dollar is struggling to draw away a low of three years, then the price of oil and copper eased as investors focused on the still fragile state of the recovery in many developed countries.
A series of data this week will measure the strength of the global economy, with particular emphasis on the non-farm compensation of U.S. Friday.
"Everyone expects to see the turn of uncertainties in macroeconomic situations of major economies", the China futures Co. Yang Jun analyst said.
European actions have been should open mainly down, Euro Stoxx 50 future bloodshed by 0.4%, while future S & P 500 decreased by 0.3%, pointing to a weaker start on Wall Street. Financial Spreadbetters called FTSE 100 in London (.)(FTSE) flat-to-superior after a four-day weekend. (.(EUROPEAN UNION) (.)(N)
Broader index of the MSCI Asia Pacific excluding Japan shares (.)(MIAPJ0000PUS) fell 0.9%, with the Korea of the South (.)(KS11) stocks losing 1.3% and Australian stocks (.)(AXJO) fell by 0.8%. The Japan financial markets were closed for a holiday. (.(AX) (.)(KS)
"Our number one wind face for the shares as early as now is the Australian dollar, said dealer institutional IG markets Chris Weston.".
The motto of the United States has been under pressure for the month policy monetary ultra-loose by the Federal Reserve, which opened a gap in performance between the dollar and currencies like the euro and the Aussie.
DATA SURPRISE
The dollar index (.)(The DXY trade), the tracks of the dollar against a basket of major currencies slipped 0.1%, yet not far from three weak years connected to New York.
The euro was of approximately $1.4815, having increased to a maximum of 17 months over $1.49 after surprisingly strong manufacturing data boosted the chances of another place of interest of European Central Bank rate.
The Aussie has facilitated a maximum of 29 years over $1.10, exchanges of approximately $1.09 after Australia Reserve Bank has kept rates unchanged, as expected.
The Central Bank, the first in the world developed to begin strengthening the policy to the end of 2009, said underlying inflation was likely to head higher, by preparing the ground for other rates rises in the coming months.
"That more than the statement suggests that they are preparing to move in the coming months - although there is no sense of urgency about it," said Brian Redican, a senior economist at Macquarie.
LOONIE GAINS
Canadian dollar edged as interim results of the Canada elections showed conservative pro-business cruise to victory, to transform their minority administration in a majority government.
The Loon outstripped other currency-related products, in part because of uncertainty about the outcome of the elections Monday, with the NDP opposition pledging to lift the corporate income tax, increase social spending and strengthen climate change policies.
"I think generally this is probably very good for the Canadian dollar," said Firas Askari, head of foreign currency traded at BMO Capital markets. "We have not had a majority government in a few years and I think that this gives a certain stability sought by the market."
Oil, often, more sensitive to the perception of geopolitical risks, dropped close to one-half of one percent, but remained about $2 above Monday low success after the news of the assassination of Osama bin Laden to Pakistan by us special forces.
While the death of bin Laden could reduce the threat against the United States by Islamists in the long term, attacks of retaliation in the short term support prices, analysts said.
"The potential of violence of retaliation has upside than the downside risks and would support the market, said serene Lim, analyst with the ANZ Bank in Singapore products.".
Future 50 cents to 113.02 12,284 U.S. gross $ the barrel, while Brent crude fell 42 cents to $124.70.
Spot Gold was slightly firmer at $1,547.59 an ounce, after the retreat of a record $1,575.79 and copper fell by 0.3%.
Weaker industrial metals prices drag on the shares of mining companies big, with BHP Billiton (BHP.)(AX) 1.4 percent and Rio Tinto (RIO.)(AX) 0.7%.
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