Asian stocks hit hard by unrest in Syria; Nikkei at two-month low

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Source: WBPonline
© Scanpix\AP
Asian shares declined as tension around Syria boosted massive sell-offs, which fueled the save haven Japanese Yen and hurt Japanese overseas sellers. Japanese Nikkei 225 decreased 1.49% to 13,341.83, continuing to decline since August 23, while Australian S&P/ASX 200 index plummeted 1.00% to 5,089.70 and Hong Kong's Han Seng index slipped 1.48% to 21,557.00.
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Wed, 28 Aug 2013 11:46:03 GMT

Loonie jumps from almost seven-week low as oil rallies

Canadian Dollar increased from almost the weakest level in seven weeks as crude oil, Canada's largest export, gained to the highest point since July amid speculation tension in Syria will stop Middle East supplies. The Canadian currency inched up 0.3% to C$1.0474, while West Texas Intermediate futures rallied 3.2% to $109.32 per barrel.

Wed, 28 Aug 2013 11:35:05 GMT

Gold touches 15-week high as risk-off confidence boosts demand

Gold futures advanced to their highest level in over three months as unrest in Syria intensified and spurred safe-haven buying across the world. The December gold contract increased 0.53% to $1,427.00 per ounce, while silver futures inched up 1.09% to $24.925. The SPDR Gold Trust assets hit the highest level since August 1, climbing 0.1% to 921.03 metric tons.

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