Sunday, 17 June 2007

Asia stocks hit record high after U.S. rally

(Reuters) - The yen plumbed a record low against the euro, still feeling the effects of comments from Japan's central bank governor on Friday that reduced expectations for a rise in interest rates in July.




The dollar stayed at a one-week low against the euro after the U.S. inflation report, underpinning spot gold , which rose to a 1-½ week peak above $656 an ounce, while oil held firm amid supply worries at a time of peak summer gasoline demand in the United States.


Read more at Reuters.com Hot Stocks News

No comments: