Asia stocks give ground, euro pinned at 10-week lows

dimanche 2 février 2014

An office worker walks past the board of the Australian Securities Exchange building displaying its logo in central Sydney Asian shares look set for another trying week as strains in emerging markets show little sign of abating, while growing pressure for another policy easing in Europe shoved the euro to 10-week lows. Early Monday, MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent with the Australian bourse off 0.5 percent (.AXJO). The week ahead has plenty of event risk with a raft of global business surveys and jobs data from the United States to offer a clearer view on how well the global economy is faring, while the European Central Bank (ECB) might well ease at its meeting on Thursday. Europe and the United States release their versions of the PMI later Monday and expectations are they will show continued growth, which could help reassure skittish investors.








via Business News - Yahoo Finance http://ift.tt/1kAp0az

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