TOKYO (Reuters) - Asian shares rose on Wednesday, following gains in European and U.S. markets where bargain hunters bought beaten down stocks, but markets remained vulnerable to the euro zone's debt woes as Spanish yields hit record highs on worries over banks.
Asian shares rose on Wednesday, following gains in European and U.S. markets where bargain hunters bought beaten down stocks, but markets remained vulnerable to the euro zone's debt woes as Spanish yields ...
European stock markets mostly post solid gains on Friday, taking inspiration from Asia, where bargain hunters bought into beaten-down stocks ahead of the weekend.
TOKYO (AP) — Asian shares rose Wednesday as Japan's benchmark surged to its highest level since Sept. 2008 though wariness over corporate earnings pulled European indexes lower in early trading.
Marc Chandler submits:The US dollar is consolidating this week’s gains in choppy activity. Stronger than expected eurozone GDP (1.0% quarter-over-quarter) failed to lift the euro as much as one might have expected. It appears the market quickly realized this is as good as it gets. Heightened tensions remain evident in the European debt markets and this may also be helping to limit euro upticks.