Wednesday, 23 May 2012

Asia - 23 May 2012

Asian stocks declining overnight (MSCI Asia Pacific falling 1.8%) after more concern that Greece will leave the Euro and date from Japan showed lower than estimated export growth. Commodities also down as Oil loses 0.6% and Copper dropping 1.2%. European leaders meet in Brussels today to discuss the region’s debt crisis that has shed more than $4 trillion from equity markets worldwide this month. S&P closing down 0.81% and Dow 0.52% after SA futures close.




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