SubscribeAsian Session: Mixed Tankan only rattles but doesn’t shake newfound optimism — Asia trades sideways.
July 1st, 2009 • Related • Filed Under
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Asian markets traded sideways this morning as risk aversion returns as US consumer confidence figures. The Nikkei 225 was down -0.19% and the Hang-seng posted a -0.81% decline. The business sentiment in Japan improved from March’s reading and is expected to improve further in September. This said the Tankan failed to offer signs of a broadening or self-sustained economic recovery. The USDJPY… | ||||||||||||||||||||
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