久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

World Business

Euro plumbs 4 year low; tide firmly against risk

(Agencies)
Updated: 2010-05-17 13:59
Large Medium Small
SYDNEY - The euro sank to four-year lows on Monday as angst over Europe's debt crisis led investors to pull more money from stocks in favour of havens such as gold and Asian bonds.

So sour was the mood that markets seemed to take scant notice of solid US retail sales and factory output data that suggested the world's biggest economy was steadily healing.

"The market has gone into fear mode, and we're seeing red across the board," said Justin Smirk, chief economist at St George Bank in New Zealand.

The euro fell 0.9 percent from Friday's close to $1.2313 as investors doubted fiscally weaker euro zone nations can tighten their belts, or do so without stunting growth. Charts suggest the currency may extend losses to $1.23, then $1.2190.

With bets against the euro at an all-time high, traders said the currency looked weak as ever although a brief bounce on short-covering in the near term could not be ruled out.

Worryingly, there are signs that anxiety over Europe was squeezing credit markets, mirroring the days of the financial crisis when anxious investors and banks hoarded cash.

The downbeat mood in markets benefitted the US dollar. It's measure against a basket of currencies was strong near 15-month highs at 86.7 as investors favoured the safety of its liquidity.

Related readings:
Euro plumbs 4 year low; tide firmly against risk 'Uncertainties' damage euro's value
Euro plumbs 4 year low; tide firmly against risk Rogers says bailout is 'nail in the euro's coffin'
Euro plumbs 4 year low; tide firmly against risk Oil extends losses to near $76 on euro concerns
Euro plumbs 4 year low; tide firmly against risk Could huge safety net be strong enough to protect euro?

A stronger US dollar weighed on commodity prices. Oil fell over a dollar to $70.19, and copper futures eased as well.

Underscoring the extent of anxiety in markets, gold was holding up despite the firm US dollar at $1,236.90 an ounce, within earshot of a record high of $1,248.95.

Safe-haven government bonds were also in demand. US Treasuries were mostly up across the curve, while Japanese five-year yields hit five-month lows.

The unease in credit markets is reflected in three-month Libor and Euribor rates , which crept higher after failing to pull back in the wake of the mammoth $1 trillion euro zone aid deal struck a week ago.

The rates, which measure borrowing costs between banks and reflect credit risks, are at eight- and four-month highs respectively.

主站蜘蛛池模板: 国产精品19p | 久久精品一区二区国产 | 国产精品一区二区三区四区五区 | 久久久久88色偷偷免费 | 成年人在线观看视频网站 | 欧美日韩精品一区二区三区视频 | 日本www视频在线观看 | 日韩一级欧美一级毛片在线 | 亚洲爆爽 | 大香伊蕉国产短视频69 | 日产毛片| 可以看毛片的网站 | 特级毛片www欧美 | 国内精品伊人久久 | 亚洲高清国产一区二区三区 | 久草在线播放视频 | 国产精品天天爽夜夜欢张柏芝 | 久久午夜网 | 国产高清精品久久久久久久 | 欧美色欧 | 精品国产高清毛片 | 窝窝午夜精品一区二区 | 波多野结衣在线观看高清免费资源 | 99久久伊人一区二区yy5o99 | 国产日韩欧美一区二区三区综合 | 萌白酱粉嫩jk福利在线观看 | 2021国产成人精品久久 | 国产亚洲一路线二路线高质量 | 可以看的黄网 | 成人18免费网站在线观看 | 亚洲男人的天堂视频 | 欧美人牲囗毛片 | 欧美变态一级毛片 | 成人a毛片高清视频 | 97国内免费久久久久久久久久 | 日韩欧美国产视频 | 国产成人免费观看在线视频 | 日本aaa成人毛片 | 欧美丰满大乳大屁股毛片 | 在线视频一区二区三区三区不卡 | 午夜性刺激免费视频观看不卡专区 |