Tuesday April 8, 2008 - 20:45:14 GMT
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FX Blog- Market Snapshot Far East Open for 9 April 2008
GVI Market Snapshot- Far East Open
- The USD is roughly steady vs. its Monday closes vs. the EUR. The GBP is weaker. The carry trade financing currencies, CHF and JPY, are about steady.
- The Shanghai Composite closed about steady while the Hong Kong exchange was weaker. The Nikkei fell. Weakness in Alcoa and AMD earnings were a weight on prices. Key European bourses were weaker. Eurozone bond prices were mixed. U.S. equities are closing lower. U.S. bond prices are better.
- The commodity currencies (AUD, CAD and NZD) are mixed to better vs. the USD. Gold and oil are mixed.
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