Chief Stock Market Correspondent, EMEA
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Oct 17, 2013

Dollar near eight-month low, investors count costs of U.S. shutdown

TOKYO (Reuters) – The dollar languished near an eight-month low versus the euro on Friday as investors counted the costs of a two-week U.S. government shutdown, with markets now seeking clues to when the Federal Reserve would begin reducing its stimulus program.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS ticked up 0.1 percent to a near five-month high. The U.S. Standard & Poor’s 500 index .SPX closed at a record high overnight. .N

Oct 17, 2013

Dollar near 8-mth low, investors count costs of U.S. shutdown

TOKYO, Oct 18 (Reuters) – The dollar languished near an
eight-month low versus the euro on Friday as investors counted
the costs of a two-week U.S. government shutdown, with markets
now seeking clues to when the Federal Reserve would begin
reducing its stimulus programme.

MSCI’s broadest index of Asia-Pacific shares outside Japan
ticked up 0.1 percent to a near five-month high.
The U.S. Standard & Poor’s 500 index closed at a record
high overnight.

Oct 15, 2013

Asian shares hit near five-month high on U.S. deal hopes

TOKYO (Reuters) – Asian shares rose to their highest in nearly five months on expectations of an imminent deal to reopen the U.S. government and avert a possible debt default, though the squabbling in Washington kept markets on edge ahead of Thursday’s deadline.

MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS advanced 0.6 percent on Tuesday morning to its highest level since May 23. Tokyo’s Nikkei share average .N225 also gained 0.6 percent, hitting a two-week peak.

Oct 15, 2013

Asian shares hit near 5-mth high on U.S. deal hopes

TOKYO, Oct 15 (Reuters) – Asian shares rose to their highest
in nearly five months on expectations of an imminent deal to
reopen the U.S. government and avert a possible debt default,
though the squabbling in Washington kept markets on edge ahead
of Thursday’s deadline.

MSCI’s broadest index of Asia-Pacific shares outside Japan
advanced 0.6 percent on Tuesday morning to its
highest level since May 23. Tokyo’s Nikkei share average
also gained 0.6 percent, hitting a two-week peak.

Oct 14, 2013

U.S. stock futures up, dlr stabilises on U.S. deal hopes

TOKYO, Oct 15 (Reuters) – U.S. stock index futures ticked
higher on Tuesday on expectations of an imminent deal that will
reopen the U.S. government and avert a possible debt default,
though the political squabbling in Washington kept markets on
edge ahead of the Thursday deadline.

Asian stocks were expected to open higher, with Japan’s
Nikkei index futures up 0.8 percent, after U.S. Standard &
Poor’s 500 index reversed early losses to close up 0.4
percent, spurred by hopes of a U.S. budget deal.

Oct 14, 2013

Asian shares fall, yen up as U.S. debt deadline nears

TOKYO/SYDNEY, Oct 14 (Reuters) – Asian shares and U.S. stock
index futures fell and the safe-haven yen rose on Monday as a
possible U.S. debt default edged closer after the failure of
weekend talks in Washington, though expectations are that a
last-minute compromise will be reached.

Adding to the gloom, data on Saturday showed China’s export
growth unexpectedly fizzled in September, underscoring worries
about flagging global demand.

Oct 10, 2013

Japanese selling of foreign bonds hits record last week amid US jitters

TOKYO, Oct 10 (Reuters) – Japanese investors sold a record
amount of foreign bonds on a net basis last week, offloading
nearly $23 billion worth, amid concerns over whether U.S.
lawmakers would reach a deal to raise the federal debt limit by
mid-October and avoid a historic default.

Japanese investors sold a net 2.226 trillion yen ($22.9
billion) in foreign bonds in the week through Oct. 5, Ministry
of Finance data released on Thursday showed.

Oct 10, 2013

Japan shares, dollar rise on hopes of U.S. fiscal breakthrough

TOKYO (Reuters) – Japanese stocks rose to a one-week high and the dollar pulled further away from an eight-month low on Thursday, as investors grew hopeful that Washington will end the political wrangling and break the U.S. fiscal impasse that has sapped market confidence.

Tokyo’s Nikkei share average .N225 advanced 0.4 percent, the highest point since the middle of last week. The U.S. Standard & Poor’s 500 E-mini futures added 0.2 percent, indicating a firmer open on Wall Street on Thursday after the S&P 500 index .SPX edged up 0.1 percent overnight.

Oct 9, 2013

Dollar bounces from eight-month low; Obama, Congress look for way out

TOKYO (Reuters) – The dollar pulled further away from an eight-month low on Thursday on hopes of a break in the U.S. fiscal standoff, with President Barack Obama meeting Republican and Democrat lawmakers to discuss the government shutdown and raising the borrowing limit.

Asian shares were also expected to get some relief, while U.S. Standard & Poor’s 500 E-mini futures added 0.3 percent, indicating a firmer open on Wall Street on Thursday after the S&P 500 index .SPX edged up 0.1 percent overnight.

Oct 9, 2013

Dollar bounces from 8-mth low; Obama, Congress look for way out

TOKYO, Oct 10 (Reuters) – The dollar pulled further away
from an eight-month low on Thursday on hopes of a break in the
U.S. fiscal standoff, with President Barack Obama meeting
Republican and Democrat lawmakers to discuss the government
shutdown and raising the borrowing limit.

Asian shares were also expected to get some relief, while
U.S. Standard & Poor’s 500 E-mini futures added 0.3
percent, indicating a firmer open on Wall Street on Thursday
after the S&P 500 index edged up 0.1 percent overnight.

    • About Dominic

      "I am head of the European stock markets team based in London. Before that, I was with Reuters Hong Kong for more than 10 years, covering politics, banking, macro-economy and Asian G-3 currency bonds and credit."
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