Asian shares were capped by worries the United States may run out of time to avoid a fiscal crunch.
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Friday, 28 December 2012
U.S. STOCK
U.S. stocks fell for a third straight day on Wednesday, dragged lower by
retail stocks after a report showed consumers spent less in the holiday
shopping season than last year.
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DOLLAR
The dollar rose as high as 86.64 yen on trading platform EBS, its
highest level since August 2010. It last stood at 86.42 yen, up about
0.4 percent from late U.S. trade on Thursday..
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EURO
The euro traded at $1.3246, up about 0.1 percent from late U.S. trade,
though shy of an 8-month high of $1.33085 hit last week, as investors
awaited the latest developments on the U.S. fiscal stalemate.
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U.S. TREASURY
U.S. Treasury debt prices rose on Wednesday in light post-Christmas
volume as disappointing holiday sales and the lack of progress toward a
budget deal in Washington stoked safety bids for bonds.
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LME COPPER
London Metal Exchange closed at $7,915 a tonne, up more than 1 percent
from its $7,801 official price in the final ring trade of a
holiday-shortened session on Monday.
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