BANGKOK - on broken global markets slump Tuesday Despite fears of European debt crisis spreads further major economies.
The price of oil has increased to about US $99 per barrel after Goldman Sachs raised raw forecasts due to concerns that the closure of the output of Libya will take spare OPEC supplies. In currencies, the dollar slipped against the yen and the euro.
European markets were higher in trade at the beginning. FTSE 100 Britain increased by 0.5% to 5,867.94. Germany of DAX gained 0.5% at 7,158.02, and CAC-40 the France was 0.4% higher at 3,921.15.
Wall Street was dedicated to increase after the sinking Monday. Future industrial Dow Jones rose by 30 points at 12,392, and S & P 500 future were higher in 1,319.10 3.9 points.
One day turbulent trading in Asia ended with the main higher benchmarks.
Nikkei 225 of the Japan increased 0.2% to close at 9,477.17 after ending the morning down session. Toshiba shares rose by 2.1%, a day after the company announced, it moves in the business of power of the wind through an alliance with unison Co. Ltd. Korea, a manufacturer of wind power equipment.
Hong Kong Hang Seng was slightly higher than 22,730.78 after emerging from the red in the morning.
ABN Korea in South increased from 0.3% to 2,061.76, with Kia Motors Corp., the country second auto manufacturer, gaining 1.9% and Hynix Semiconductor, a world leader in the chip memory which, up 1.3%.
S & P/ASX 200 lost Australia 0.3 per cent to 4,628.80, with some mining shares hit by worries that a slowing of the Chinese production would lead to falling demand for commodities. Energy Resources of Australia Ltd. fell by 2.3%. BHP Billiton Ltd., the world largest mining company, lost 0.1%.
Based in Taipei Foxconn Technology Co. Ltd., the largest electronic contract manufacturer, decreased by 2.6%, after an explosion in one of the plants of the company in China, which makes iPad 2 killed three employees and wounded 15 Friday.
Chinese 苏童 shares were mixed as weak economic indicators and pessimistic forecasts for prospects short-term weighed on sentiment.
The reference index of Shanghai Composite Index lost 0.3 per cent to 2,767.06, the more close in four months, while the Composite's Shenzhen China index has gained 0.1% to 1,150.91. Shares in precious metals, non-ferrous metals and acquired biotechnology companies.
"Funds are in short supply and investors are wear to the slowdown of economic growth and inflation, said Peng Yunlang, Shanghai-based analyst.
Europe's debt crisis has shaken markets Monday that fears about the solvency of the Greece combined with concerns that the Spain or the Italy Similarly, may be moved in the turmoil that has seen three countries using the euro common to the rescue.
End of last week devalued the Greece debt Fitch rating agency also in undesirable situation. Then, Standard & Poor said Saturday that the Italy was in danger of having its rating lowered debt if it could not reduce its borrowings and increase economic growth. Monday, Fitch cut the Belgium outlook.
The shaking was felt on Wall Street, where stocks took a pounding Monday. The Dow Jones index fell by 1.1% to close at 12,381.26. Standard & Poor of 500 index has fallen or 1.2% to 1,317.37 composite index Nasdaq fell it by 1.6% to 2,758.9.
Benchmark crude for July delivery was up to $1.14 offenders $ per barrel in electronic trade on the New York Mercantile Exchange. The contract has lost $2.40, or 2.4 per cent, to settle at $97 Monday.
Goldman Sachs said the civil war in Libya, which has closed almost all country's 1.6 million barrels per day of oil production, will eventually grow higher prices.
The euro rose to $ 1.4060 $1.4095 in Exchange late Monday in New York. The euro was lower at $1.40 earlier in the day for the first time since March. The dollar slipped to yen yen 81.97 81.93.
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