Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at

Overnight Markets: US stocks fall as budget deal spurs Fed bets

by Himanshu Singh on Dec 12, 2013 at 03:42

In Asia, stocks fell on Thursday as investors speculate the US budget deal will give the Fed confidence to curb stimulus as soon as next week.

The MSCI Asia Pacific Index slid 0.7% to 139 as of 9:39 a.m. in Hong Kong. Japan’s Topix index fell 0.7% as the yen held near its strongest level this week versus the dollar.

Australia’s S&P/ASX 200 Index lost 0.6%, falling for a sixth day in the longest losing streak in 17 months. South Korea’s Kospi index retreated 0.7% and New Zealand’s NZX 50 Index slid 0.2%.

Hong Kong’s Hang Seng Index slid 0.1% and China’s Shanghai Composite added 0.1%. Taiwan’s Taiex Index and Singapore’s Straits Times Index both declined 0.4%.

Sign in / register to view full article on one page

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Long time coming: is the recovery here to stay?

Ian McVeigh and Steve Davies, managers of Jupiter's UK Growth fund, talk about their predictions for the UK equity space. Click here to watch a series of sponsored interviews with Jupiter's fund managers on the UK equity market.

Today's top headlines

More about this:


On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet