From Yahoo!
NZ dollar surges; Asia eyes China money markets
By Wayne Cole
SYDNEY (Reuters) - Asian markets got off to a subdued start on Tuesday amid a dearth of major data, with the only action being a spike in the New Zealand dollar on talk interest rates could rise there as early as next week.
Leads were few and far between with most European share markets marginally lower and Wall Street shut for a holiday. That left MSCI's broadest index of Asia-Pacific shares outside Japan down a bare 0.07 percent, while Australia's main index (.AXJO) eased 0.3 percent.
Investors had a wary eye on Chinese money markets after the People's Bank of China (PBOC) announced a surprise injection of funds on Monday aimed at curbing a recent spike in rates.
Read more from Yahoo! >>
NZ dollar surges; Asia eyes China money markets
By Wayne Cole
SYDNEY (Reuters) - Asian markets got off to a subdued start on Tuesday amid a dearth of major data, with the only action being a spike in the New Zealand dollar on talk interest rates could rise there as early as next week.
Leads were few and far between with most European share markets marginally lower and Wall Street shut for a holiday. That left MSCI's broadest index of Asia-Pacific shares outside Japan down a bare 0.07 percent, while Australia's main index (.AXJO) eased 0.3 percent.
Investors had a wary eye on Chinese money markets after the People's Bank of China (PBOC) announced a surprise injection of funds on Monday aimed at curbing a recent spike in rates.
Read more from Yahoo! >>
No comments:
Post a Comment