asian shares sink after wall street losses
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Asian shares sink after Wall Street losses

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Asian shares sink after Wall Street losses

Wall Street
Hong Kong - AFP

Asian markets fell Thursday following a heavy sell-off on Wall Street as a mixed bag of data raised concerns about the global economy, while the dollar tumbled a day after breaking 110 yen for the first time in six years.
Traders are now awaiting a European Central Bank (ECB) policy meeting later in the day and the release of US jobs figures on Friday.
Tokyo tumbled 1.32 percent and Sydney was 0.49 percent lower while Seoul shed 0.80 percent.
Hong Kong, Shanghai and Mumbai were closed for public holidays. A pro-democracy campaign in Hong Kong is also being closely tracked.
Protest leaders have called for the leader of the financial hub to stand down by the end of the day or they will step up their demonstration, which has so far been largely peaceful.
US shares suffered heavy losses Wednesday after the Commerce Department said construction spending in August fell unexpectedly, while a separate report showed manufacturing activity slowed in September.
The Dow tumbled 1.40 percent, the S&P 500 fell 1.32 percent and the Nasdaq lost 1.59 percent.
Investors were unmoved by figures showing US private-sector employment increased 213,000 last month.
The main focus of attention is Friday's non-farm payrolls report, which is used as a barometer of the health of the world's number one economy. A strong result could be seen as giving the Federal Reserve more room to increase interest rates sooner than its mid-2015 forecast.
On currency markets the greenback also sank in New York, ending the day at 108.91 yen, well down from the 110.09 yen it touched earlier in Tokyo -- the first time it had breached 110 yen since August 2008.
In early trade Thursday it was at 108.94 yen.
The euro was also struggling ahead of the ECB meeting, which comes days after data showed inflation at its lowest level in five years, fuelling deflation fears and calls for fresh easing measures.
The euro bought $1.2623 and 137.59 yen against $1.2624 and 137.48 yen in US trade.
On oil markets US benchmark West Texas Intermediate for November delivery rose 24 cents to $90.97 while Brent crude for November gained 15 cents to $94.31.
Gold was at $1,215.88 an ounce against $1,213.29 late Wednesday.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

asian shares sink after wall street losses asian shares sink after wall street losses

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

asian shares sink after wall street losses asian shares sink after wall street losses

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 07:10 2017 Thursday ,24 August

Iraq must do more for Daesh abuse victims

GMT 05:24 2016 Thursday ,23 June

Emirates Academy is a leading centre

GMT 06:42 2017 Saturday ,19 August

13 dead as van rams crowd in Barcelona attack

GMT 11:35 2012 Friday ,18 May

Chicken and spinach bake

GMT 15:57 2017 Tuesday ,03 October

Bahrain’s labour market stable

GMT 09:04 2018 Tuesday ,02 January

Hala Fakher prepares for filming “Kalabsh”

GMT 20:48 2017 Wednesday ,18 October

UN chief offers congratulations and support

GMT 14:22 2017 Thursday ,21 December

Ryanair says formally recognises pilots' union

GMT 10:41 2017 Tuesday ,24 October

Russia launches cargo ship to space station

GMT 07:11 2017 Sunday ,10 December

Qatar, France Sign $14 Billion Weapons, Jets Deal

GMT 02:07 2011 Tuesday ,13 December

Mahfouz Centennial: A year of Mahfouz
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice