13:23 23-08-2014
MAIN Russian
About us On-line subscription
KazakhstanTajikistanUzbekistanKyrgyzstanTurkmenistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
Asian shares rise Monday as investors put aside concerns over euro zone banks

Bishkek (AKIpress) - Asian shares Asian shares rose on Monday as investors put aside concerns about euro zone banks and looked forward to corporate earnings and a raft of global economic events, including testimony from the head of the Federal Reserve, Reuters noticed.

Thus, MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.4 percent, with Seoul putting on 0.3 percent. Japan's Nikkei bounced 0.88 percent after several sessions of losses.

Singapore's main index went flat after the city-state reported a surprise 0.8 percent annualized contraction in economic activity for the second quarter, led by a steep drop in manufacturing.

Financial spreadbetters expected the FTSE 100 to open up 0.1 percent, the DAX 0.3 percent and the CAC 40 0.4 percent.

European markets had calmed on Friday as investors decided that losses associated with the founding family of Banco Espirito Santo were unlikely to disrupt Portugal's financial system or revive broader worries about the bloc's weaker economies.

The S&P 500 EMini contract was trading up 0.2 percent on Monday, after the cash index ended with similar gains on Friday. The Dow closed up 0.17 percent, while the Nasdaq added 0.44 percent.

Attention will be on shares in Citigroup, which sources said it would announce on Monday a deal to pay $7 billion to resolve a U.S. government investigation into shoddy mortgage-backed securities.

Meanwhile, currency markets were quiet on Monday with the dollar index a touch firmer at 80.226, a level it has gravitated towards since recovering from a two-month low of 79.740 on July 1. The euro bought $1.3602, having stuck to a tight range around $1.3600 for over a week now.

Against the yen, the greenback fetched 101.41, holding off a seven-week trough of 101.06 plumbed last Thursday. The euro was near 137.95 yen, recovering from last week's fall to a five-month low of 137.50.

Gold slipped back to $1,328.50 an ounce, and away from a 3-1/2 month high of $1,345 reached last week. Prices for the safe-haven metal had been supported in part by the intensified fighting in Gaza.

On Monday, Brent crude oil was off 2 cents at $106.64 a barrel, not far from a three month-trough of $106.27. U.S. crude shed 42 cents to $100.41 per barrel.


Twitterfacebookprint
12:27 14.07.2014
LATEST NEWS
17:12 UN Rights: Syria war toll reaches 191,000 in 3.5 years16:50 Ukraine says 90 Russian aid trucks enter Ukraine16:39 Egypt tour bus collision kills 33 near Sharm El-Sheikh16:34 State Registration Service brings 342.8 million soms to state budget in H1 201416:24 Tashkent to host Global Bridge Festival16:15 4-earthquake jolts southern Kyrgyzstan16:07 President and Education Minister discuss higher education reforms and preparation for 2014-2015 academic year16:04 Tajikistan attaches great importance to cooperation with China – Ambassador15:53 Kazakhstani children to be fully covered with preschool education by 202015:51 Over 2k workers needed for collection of biometric data of Kyrgyzstanis - GDS15:48 Kyrgyzstan registers 25k marriages and 18k divorces in H1 201415:48 Lack of common mechanism for use of Batken pastures by citizens of Uzbekistan, Tajikistan causes border problems15:37 Employees of Registration Service have no idea of how to implement biometric project – Chairman15:17 229k people issued micro-loans worth 14.2b soms in H1 201415:09 Vice PM Dil denies words of Osh mayor over Uzbekistan's demands to cede several territories in return for resumption of gas supply14:58 28 facilities privatized during second wave of privatization in Kazakhstan14:45 Osh and Jalal-Abad regions reveal 2.5k stateless persons – State Registration Service14:32 Uzbekistani becomes champion in air pistol shooting at Summer Youth Olympic Games14:05 15yo Afghanistan citizen detained in airport in Astana with fake passport13:55 London's horse head statue replica in At-Bashy starts breaking after a year of its installation
Astana
+35° C
Ashgabat
+38° C
Bishkek
+35° C
Dushanbe
+30° C
Tashkent
+39° C
exchange rates
 
69.61
52.41
8.48
1.46
241.71
182.00
29.59
5.03
6.57
4.98
0.81
0.14
3168.15
2344.38
381.47
65.12
3.78
2.85
0.46
0.08

© AKIpress News Agency - 2001-2014
Use of the AKIpress.com materials must be accompanied by a hyperlink to www.akipress.com
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75