Asian markets largely in green
May 27th, 2008
The Asian markets are trading largely in the green territory. Nikkei 225 is up 1.26% while other markets except for the Shanghai Composite, KLSE Composite and NZSE 50 are trading in the green. Trouble times continue to haunt the Shanghai Composite as the index is down over 3.13% today. Japanese Government Bond 10-yr yield hits 9-mth high before auction. Inflation fears are everywhere and very prominently visible in the Asian markets.
1 U.S. dollar = 103.252452 Japanese yen
1 U.S. dollar = 0.634517766 Euros
1 U.S. dollar = 42.6093996 Indian rupees
Entry Filed under: Global Markets
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