Asian stocks decline amid Fed policy direction and Japan's outlook cut

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Source: Bloomberg
Asian stocks declined, as Japan cut its economic assessment and as investors expect signs of monetary policy direction from the Fed. The MSCI Asia Pacific Index fell 0.6% to 119.14, approaching the lowest close since August 6. Japan's Nikkei 225 Stock Average dropped 0.6% and South Korea's Kospi lost 0.3%. Hong Kong's Hang Seng Index slid 0.2%, while both China's Shanghai Composite Index and Australia's S&P/ASX 200 Index gained 0.1%.
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Tue, 28 Aug 2012 08:19:06 GMT

Silver inched down as hopes for QE3 started to fade

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Tue, 28 Aug 2012 07:44:08 GMT

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