Sunday, October 12, 2014

Monday openings: Asian shares fall with gold and yen rising...

Asia kept on with the convergence of declines. Gold and Yen rose as  less risky destinations to park international liquidity. Oil continues to slide which is negative for Middle East and may just have dependent economies like Dubai worried. Australian stocks fell and that is an indicator largely of China concerns. Europe will apparently be in the red territory as investors shy away from a weak Germany and wobbly France. 

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