Asian shares fall amid caution over U.S. employment report

Source: Marketwatch
© Scanpix\Reuters
Most Asian stocks dropped Friday amid caution before U.S. payroll report, while Japan's shares declined for the third day in a row after overseas sellers were pressured amid the Japanese Yen's jump overnight. Australian S&P/ASX 200 declined 0.9% and South Korean Kospi fell 1.8%, and Hong Kong's Hang Seng Index slipped 1.4%. 
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Fri, 07 Jun 2013 09:58:48 GMT

S&P cuts outlook on Brazil rating amid slow expansion

Standard & Poor's lowered the Brazilian credit rating outlook, which said weak economic improvement and an expansionary economic policy possibly might rise Government's debt levels. The S&P announced yesterday that it cut outlook on Brazil's BBB rating, that is two levels higher than junk and matches with Mexico and Russia, from stable. 

Fri, 07 Jun 2013 09:22:14 GMT

Germany's 10-year bunds rise after falling yesterday

German 10-year bunds rose before today's domestic industrial output data release, which will show no change, according to experts' prediction. The yield decreased 2 basis points to 1.5%. The euro area's government bonds fell yesterday as Mario Draghi said that the economic growth will return by the end of this year, which reduced the need for additional stimulus.

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