Asian stocks closed mixed on China's and Euro Zone's data

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Source: Forexpros
Asian stocks closed mixed on Monday, being pressured by lingering concerns that Greece will leave the Euro Zone. However, China's cut of RRR for banks lent support to the stocks .Hong Kong's Hang Seng Index lost 0.35% while Australian S&P/ASX200 gained 0.09%. Meanwhile, Japan's Nikkei 225 Index increased by 0.10%.


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Mon, 14 May 2012 14:03:24 GMT

Platinum dropped after price forecast cut

Precious metals moved down on Friday as turmoil in the Euro Zone and signs of economic slowdown in China dented safe-haven appeal of the commodity pack. Gold drifted lower as positive economic data releases from the US faded hopes for new round of quantitative easing from the Fed. Meanwhile, demand from India remained weak after recent changes in import duties.Silver

Mon, 14 May 2012 08:03:27 GMT

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