Asian equities surge, as Greece gets reduced borrowing costs

Note: This section contains information in English only.
Source: Bloomberg
Asian shares gained for the fifth consecutive day as European finance ministers agreed on decreasing Greek borrowing costs and prolonged their payback period. The MSCI Asia Pacific Index (MXAP) surged 0.5% to 123.92, extending the gains since mid-September. Meanwhile, Japanese Nikkei 225 Stock Average rallied 0.6% and South Korea's Kospi Index added 1%, whereas Chinese Shanghai index dropped 1.1% touching its lowest level since January 23 in 2009.

Back to articles

Actual Topics

Tue, 27 Nov 2012 07:52:17 GMT

Aussie reaches 2-month high on Greek decision

Australia's Dollar reached a two-month high as the Eurozone finance chiefs reached agreement on Greece's debt burden and funding gap. The Aussie Dollar gained 0.1% to $1.0479 after earlier climbing to $1.0490, the strongest level since September 21. The Australian Dollar rose 0.4% to 86.24 yen. The Kiwi traded 0.2% above the close in New York at 82.34 U.S. cents.

Tue, 27 Nov 2012 07:30:14 GMT

Loonie fall as Mark Carney becomes BOE chief

Canada's currency declined from the highest level in two weeks versus the greenback as the Bank of Canada Governor Mark Carney became a chief of the Bank of England, increasing speculation who is going to replace him in Ottawa. The Loonie fell 0.3% to 99.60 cents per greenback before trading at 99.31 cents. It rose earlier to 99.18 after touching

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.