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Feb 8, 2012

Asian shares becalmed, euro eases as Greek talks drag

SINGAPORE (Reuters) – Asian shares remained becalmed on Wednesday and the euro edged off an 8-week high as further delay in agreeing on details of a new Greek bailout package tempered the optimism that had driven U.S. stocks and commodities higher.

U.S. crude edged up, supported by an unplanned outage at a Canadian oil sands plant, and gold clung to the previous session’s gains, which had been driven by a weaker dollar.

Feb 8, 2012

Asian shares becalmed as Greek talks drag

SINGAPORE (Reuters) – Asian shares remained becalmed on Wednesday and the euro edged off an 8-week high as further delay in agreeing on details of a new Greek bailout package tempered the optimism that had driven U.S. stocks and commodities higher.

U.S. crude edged up, supported by an unplanned outage at a Canadian oil sands plant, and gold clung to the previous session’s gains, which had been driven by a weaker dollar.

Feb 8, 2012

Shares becalmed, euro eases as Greek talks drag

SINGAPORE, Feb 8 (Reuters) – Asian shares remained
becalmed on Wednesday and the euro edged off an 8-week high as
further delay in agreeing on details of a new Greek bailout
package tempered the optimism that had driven U.S. stocks and
commodities higher.

U.S. crude edged up, supported by an unplanned outage at a
Canadian oil sands plant, and gold clung to the previous
session’s gains, which had been driven by a weaker dollar.

Jan 9, 2012

Euro, stocks down as debt jitters trump U.S. data

SINGAPORE (Reuters) – The euro sank against the dollar and the yen on Monday and Asian stocks fell as renewed worries about the fallout from the European sovereign debt crisis overshadowed signs of vigor in the U.S. economy.

The rising dollar dragged on commodity prices, with oil, copper and gold all falling, while mixed signals on the global economy kept Asian credit markets subdued.

Jan 3, 2012

Asian shares rise; Oil spikes on Iran tension

SINGAPORE (Reuters) – Asian stocks rose on Tuesday as the first trading day of 2012 in most markets brought renewed appetite for riskier assets, while U.S. crude jumped more than 1.5 percent to above $100 a barrel on escalating tensions between Iran and the West.

Stronger-than-expected manufacturing data from China boosted sentiment in Asia, but Europe’s drawn-out debt crisis continued to cloud the outlook and dragged on the euro, which struggled off a decade low against the yen.

Jan 3, 2012

Euro makes shaky start, oil spikes on Iran

SINGAPORE (Reuters) – The euro languished near a decade low against the yen Tuesday as the trading year began with no relief in sight for the European debt crisis, and U.S. crude jumped 1.5 percent to above $100 a barrel on escalating tensions between Iran and the West.

Asian shares rose, led by gains for the materials sector, with mining heavyweights BHP Billiton (BHP.AX: Quote, Profile, Research, Stock Buzz) and Rio Tinto (RIO.AX: Quote, Profile, Research, Stock Buzz) both up more than 1.5 percent.

Jan 3, 2012

Euro makes shaky start, oil spikes on Iran tension

SINGAPORE, Jan 3 (Reuters) – The euro languished near
a decade low against the yen on Tuesday as the trading year
began with no relief in sight for the European debt crisis, and
U.S. crude jumped 1.5 percent to above $100 a barrel on
escalating tensions between Iran and the West.

Asian shares rose, led by gains for the materials sector,
with mining heavyweights BHP Billiton and Rio Tinto
both up more than 1.5 percent.

Dec 23, 2011

Asian shares up as U.S. data spurs year-end bounce

SINGAPORE (Reuters) – Asian stocks rose more than 1 percent and U.S. index futures also gained on Friday, as signs of a strengthening economy in the United States encouraged a year-end bounce for riskier assets.

European shares were also expected to open higher, helped by a 0.5 percent rise in S&P 500 index futures that pointed to further gains when U.S. trading resumes.

Dec 23, 2011

Asian shares up as U.S. data drives year-end

SINGAPORE (Reuters) – Asian stocks edged up on Friday, as signs of a strengthening economy in the United States encouraged a modest year-end rally in riskier assets.

Wall Street stocks had risen for a third straight day on Thursday, leaving the S&P 500 index .SPX virtually flat for the year, after data showed new claims for unemployment benefit dropped to their lowest in 3- years.

Dec 23, 2011

Asian shares up as U.S. data drives year-end gains

SINGAPORE, Dec 23 (Reuters) – Asian stocks edged up on
Friday, as signs of a strengthening economy in the United States
encouraged a modest year-end rally in riskier assets.

Wall Street stocks had risen for a third straight day on
Thursday, leaving the S&P 500 index virtually flat for
the year, after data showed new claims for unemployment benefit
dropped to their lowest in 3-1/2 years.

    • About Alex

      "I work on the Asia Desk in Singapore, editing general and political news stories from across the region. Before coming to Asia I was Reuters Northern Ireland correspondent."
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