Debt Markets European Stocks Boost Asia
Friday, January 13th, 2012The strong demand for debt securities issued by Spain and Italy have pushed the stock price index in Asia increased to its highest level in the past month. It was also due to declining interbank lending rate which indicated concerns over credit tightening began to loosen. This good news also adds to the bond issuance activity in the primary market in Asia. As usual, when the stock market higher, investor interest in gold assets declined. It is characterized by a decline in metal prices starting position of 0.4 percent to 1640 U.S. dollars per troy ounce. Reuters news agency reported from Tokyo, Japan, and Hong Kong, Friday (01/13/2012) this. However, crude oil prices declined after the EU gave a positive signal for the delay of economic embargo... Read more »