After the fall of Wall Street stock prices and upbeat
Stock prices on Asian markets on Friday, have dropped considerably, and on Wall Street the previous day, while the dollar strengthened because the US Federal Reserve as early as March could raise interest rates.
On the Tokyo Stock Exchange's Nikkei index was at 7.30 am was down around 0.6 percent, while stock prices in Singapore, Shanghai, Hong Kong, Australia and South Korea fell between 0.2 and 1.2 percent.Therefore, the MSCI index of Asia-Pacific shares outside Japan at 7.30 am was at a loss of 0.9 percent, its biggest daily fall this year.Asian investors wavered yesterday's decline in share prices on Wall Street for more than 0.5 percent, which was mainly due to correction after the strong growth the day before.
On the market is negatively affected by the recent drop in oil prices by more than two percent, after data showed that Russia in February maintained a production level since January, suggesting that it is not prepared to further reduce production.After yesterday's sharp drop, this morning on London's Brent crude rose six cents to $ 55.15, while the US crude rose seven cents to $ 52.67.Investors are most concerned about the possibility of increasing interest rates the US central bank already this month.
While this is a bad influence on the capital markets, the currency markets the dollar in recent days in the swing.The index, which shows the value of the US in relation to six other major currencies, moving this morning over 102 points, while yesterday at this time amounted to 101.90 points.And the price of the dollar against the Japanese currency reached 114.20 yen, and yesterday at this time amounted to 114.10 yen.
The US currency strengthened and in relation to a European, while the rate of the euro slipped to $ 1.0515, while yesterday at this time stood at $ 1.0530.
- 17 Mar, 2017
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