Asian shares fell on Monday and looked set for their worst monthly performance in three years after top Federal Reserve officials kept the door open for an interest rate hike in September and Chinese stock markets took a fresh tumble.
Volatile global markets showed signs of a respite from the recent blood-letting on Tuesday, as bargain hunters helped Asian stocks off three-year lows hit on fears that China's economy was risking a hard landing, with Chinese shares losing a
Asian stocks dived to three-year lows on Monday as a rout in Chinese equities gathered pace, hastening an exodus from riskier assets as fears of a China-led global economic slowdown roiled world markets.
Safe-haven government bond
The euro came close to cracking on Wednesday as feverish speculation of further policy stimulus in the euro zone drove bond yields to all-time lows and lifted Asian stocks to peaks not seen in almost seven years.
Investors in Asian stocks turned cautious on Friday even after a record close on Wall Street, and a decline in the dollar paused as markets braced for Chinese data that could offer telling evidence of weakness in the world's second biggest e
Asian stocks fell and the euro slipped to a three-week low against the dollar on Monday as fears of renewed recession in the United States and sustained worries about the euro zone debt crisis prompted investors to sell riskier assets.
The dollar hovered near a two-week low against a basket of currencies on Monday and Asian stocks were pinned in tight trading ranges as weak US economic data and fears of a Greek debt default kept many investors on the sidelines.
Renewed worries in the euro-zone over the weekend pulled the euro down to a record low against the Swiss franc, weakened risky assets such as Asian stocks and boosted safe haven investments like US government debt and gold on Monday.
The dollar slumped to three-year lows on Thursday, pushing US crude Oil to a 2-1/2 year high, while Asian stocks rose as investors bet that the easy US monetary policy will continue to drive money to riskier assets.
The Bank of Japan (BOJ)
The dollar slid to a 15-year low against the yen and Asian stocks rose on Monday as US jobs data boosted the chances of easier US monetary policy.
Major European stocks opened slightly higher, mirroring gains in Asia and on Wall Street wit