Chief Stock Market Correspondent, EMEA
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Oct 8, 2013

Asian shares rise, still cautious on U.S. shutdown

TOKYO (Reuters) – Asian shares rose on Tuesday as data showed China’s services industry continued to expand, soothing to some extent nerves jarred by fears of a U.S. debt default as the U.S. government shutdown entered a second week.

MSCI’s broadest index of Asia-Pacific shares outside Japan reversed early losses to trade up 0.4 percent, while China’s CSI300 index climbed 0.9 percent on its first trading day in a week after the National Day holidays.

Oct 8, 2013

Dollar near eight-month low as U.S. shutdown enters second week

TOKYO (Reuters) – The dollar skidded to near an eight-month low on Tuesday as the U.S. government shutdown entered its second week, leaving investors on tenterhooks as politicians in Washington made little headway in agreeing a deal to avoid an historic U.S. debt default.

This anxiety kept Asian shares on the back foot, with Japan’s Nikkei .N225 down 0.4 percent to a five-week low after shedding 1.2 percent on Monday and MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS off 0.1 percent.

Oct 7, 2013

Dollar near 8-mth low, U.S. shutdown enters 2nd week

TOKYO, Oct 8 (Reuters) – The dollar skidded to near an
eight-month low on Tuesday as the U.S. government shutdown
entered its second week, leaving investors on tenterhooks with
politicians in Washington making little headway in agreeing on a
deal to avoid a historic U.S. debt default.

The anxiety is expected to keep Asian stock markets under
pressure, with Nikkei futures down 0.6 percent to indicate a
softer opening for the Japanese benchmark. The Nikkei
lost 1.2 percent on Monday to a one-month low.

Oct 7, 2013

Asian shares, dollar, oil dip as U.S. shutdown drags on

TOKYO (Reuters) – Asian shares, oil prices and the dollar came under pressure on Monday as politicians in Washington showed no signs of making progress to resolve the U.S. budget standoff, while safe-haven gold inched higher.

Financial bookmakers expected European shares to follow Asia lower and open down between 0.4 and 0.5 percent.

Oct 7, 2013

Dollar, oil slip as US shutdown drags on, gold up

TOKYO, Oct 7 (Reuters) – The dollar, oil prices and U.S.
stock futures eased on Monday as politicians in Washington
showed no signs of making progress to resolve the U.S. budget
standoff, while safe-haven gold inched higher.

Democrats and Republicans remained far apart on ending the
government shutdown, let alone reaching a deal on the U.S.
borrowing limit by Oct. 17 to avoid an unprecedented default.

Oct 6, 2013

Caution reins in Asia as U.S. shutdown drags on, dollar falls

TOKYO (Reuters) – Asian markets look set for a cautious start to the week on Monday, with U.S. stock futures and the dollar coming under pressure as politicians in Washington showed no signs of making progress over the weekend in resolving the U.S. budget standoff.

Democrats and Republicans remained far apart in ending the first government shutdown in 17 years, let alone reaching a deal on the U.S. borrowing limit by Oct 17 to avoid an unprecedented debt default.

Oct 4, 2013

Dollar languishes near eight-month low, U.S. debt limit looms

TOKYO (Reuters) – The dollar languished near an eight-month low on Friday as the U.S. budget standoff dragged on, heightening fears it could become embroiled in the likely struggle later this month to raise the U.S. borrowing limit.

Japan’s Nikkei share average .N225 shed 0.7 percent to a near four-week low after the U.S. S&P 500 .SPX overnight suffered its ninth loss in 11 sessions, while oil prices remained on the back foot.

Oct 4, 2013

Dollar languishes near 8-mth low, US debt limit looms

TOKYO, Oct 4 (Reuters) – The dollar languished near an
eight-month low on Friday as the U.S. budget standoff dragged
on, heightening fears it could become embroiled in the likely
struggle later this month to raise the U.S. borrowing limit.

Japan’s Nikkei share average shed 0.7 percent to a
near four-week low after the U.S. S&P 500 overnight
suffered its ninth loss in 11 sessions, while oil prices
remained on the back foot.

Oct 3, 2013

Dollar languishes at eight-month low, U.S. debt ceiling a worry

TOKYO (Reuters) – The dollar languished at an eight-month low on Friday as a lack of progress in resolving the U.S. budget standoff raised concerns the crisis could merge with a more complex fight looming later this month to raise the U.S. borrowing limit.

Asian shares were likely to open weaker, with Japan’s Nikkei index futures down 0.4 percent, after the U.S. S&P 500 .SPX overnight suffered its ninth loss in 11 sessions.

Oct 3, 2013

Dollar languishes at 8-mth low, US debt ceiling a worry

TOKYO, Oct 4 (Reuters) – The dollar languished at an
eight-month low on Friday as a lack of progress in resolving the
U.S. budget standoff raised concerns the crisis could merge with
a more complex fight looming later this month to raise the U.S.
borrowing limit.

Asian shares were likely to open weaker, with Japan’s Nikkei
index futures down 0.4 percent, after the U.S. S&P 500
overnight suffered its ninth loss in 11 sessions.

    • 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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