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Wednesday, July 1, 2009

Forex - Asian Session: Mixed Tankan only rattles but doesn’t shake newfound optimism – Asia trades sideways.

Asian markets traded sideways this morning as risk aversion returns as US consumer confidence figures. The Nikkei 225 was down -0.19% and the Hang-seng posted a -0.81% decline. The business sentiment in Japan improved from March’s reading and is expected to improve further in September. This said the Tankan failed to offer signs of a “broadening” or “self-sustained” economic recovery.

for details visit
http://www.ac-markets.com/

posted by srikanth.....july 1

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