Asian stocks lower on uncertainty over US rate hike timing

Note: This section contains information in English only.
Source: CNBC
Equity markets in Asia closed lower on Monday on the back of worries over China, as well as on controversial comments over the timing of monetary policy tightening in the US. The Shanghai Composite Index dropped 0.82%, widening its monthly losses to 13.5%. Elsewhere, the Australian S&P ASX fell 1.07%, the Japanese Nikkei lost 1.28%, as the stronger Yen hurt shares of exporters, while South Korea's Kospi edged 0.2% higher. 
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Mon, 31 Aug 2015 09:34:04 GMT

Euro higher against Greenback ahead of Euro zone CPI data

The shared currency extended gains versus the US Dollar, supported mainly by persisting worries over China, which triggered risk-off sentiment in the markets and drove demand for save havens. The EUR/USD pair rose 0.28% to $1.1210 by 08:32 AM GMT, after hitting $1.1261 earlier in the session. Later in the day, traders will eye the Euro zone preliminary CPI figures,

Mon, 31 Aug 2015 08:27:06 GMT

Yen rises versus Greenback amid higher risk aversion on markets

The recent Asian stock market rout and uncertainty in global financial markets drove more investors into the Japanese Yen, as a safe haven currency. The USD/JPY pair fell 0.41% to ¥121.19 by 07:32 AM GMT on Monday. Meanwhile, trader's attention is mainly turned to the prospects of the rate raising by the Fed, as any signs of higher volatility diminish

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