2012年3月25日星期日

Commodity markets were mixed

Commodity-linked currencies such louis vuitton online as the Australian dollar steadied after a hammering last week on worries of easing demand for resources from China, while the euro held near a three-week high. MSCI's broadest index of Asia Pacific shares outside Japan <.MIAPJ0000PUS> dipped 0.2 percent, adding to a 1.6 percent loss last week. Hot sale lv bagups silvery for lady 2012 new come online fashion Tokyo's Nikkei share average <.N225> bucked the trend, firming 0.2 percent, after losing more than 1 percent last week. <.T> "As we approach the earnings preview season, some forecast adjustments could move individual sectors, but the broad market is likely be stuck in cheapest louis vuitton bagups outlet womens 2012 sale online fashion this quiet, aimless state until next week," said Kim Sung-bong, an analyst at Samsung Securities in Seoul. Commodity markets were mixed, with copper edging up but crude oil losing a little ground. Equity markets had got off to a flying start in 2012, but have been wobbling since China lowered its growth forecast for the year to 7.5 percent in mid-March, with concerns exacerbated by weak factory data from China and Europe last week. REBOUND FIZZLES Wall Street shares edged up on Friday, led by a fashion louis vuitton bagups outlet discount new arrival sale silvery rebound in resource shares after Chile's Codelco , the world's top copper producer, reported a surge in profits and an increase in production. <.N> But the rebound failed to follow through into Asia, where the MSCI Asia ex-Japan's materials sub-index <.MIAPJMT00PUS> fell 0.7 percent, while tech stocks <.MIAPJIT00PUS> fell 0.8 percent. This year's equity gains have been driven in part by steadily improving economic data from the United States, and massive injections of liquidity from major central banks. Japanese stocks have led the way, rising more than 18 percent gucci handbags for the year so far. "What we're seeing now is a typical excess liquidity market," said Kenichi Hirano, operating officer at Tachibana Securities. "The stocks that are gaining here, real estate, financials, iron and steel, these are all 'bubble' stocks that rise as a result of easy monetary policy."

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