| Asian Currencies: Thai Baht, Malaysian Ringgit Fall; Peso Gains (Bloomberg) |
Tuesday, January 06, 2009 9:20 AM |
| Jan. 6 (Bloomberg) -- Thailand’s baht and the Malaysian ringgit fell to three-week lows on concern deepening recessions in the world’s major economies will sap demand for regional assets. |
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| Retail sales seen falling despite deep discounts (Reuters via Yahoo! News) |
Tuesday, January 06, 2009 8:54 AM |
| Deep discounts failed to coax consumers to shop in December, but are sure to sap margins and will likely lead to a number of profit warnings when retailers report sales for the all-important holiday month this week. |
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| Japanese 10-Year Bonds Fall a 2nd Day as Stock Gains Sap Demand (Bloomberg) |
Tuesday, January 06, 2009 8:20 AM |
| Jan. 6 (Bloomberg) -- Japanese 10-year government bonds fell for a second day, the first back-to-back declines in almost a month, as stock gains reduced demand for debt. |
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| European Bonds Decline for Third Day as Stock Gains Sap Demand (Bloomberg) |
Tuesday, January 06, 2009 7:33 AM |
| Jan. 6 (Bloomberg) -- European government bonds fell for a third day as gains in equity markets eroded investor demand for the safest assets. The decline pushed the yield on the 10-year German bund to within six basis points of the highest level in two weeks as the MSCI Asia Pacific Index of stocks climbed for a ninth day, and U.S. equity futures rose. |
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| Malaysia’s Ringgit Extends Drop on Economic Outlook; Bonds Fall (Bloomberg) |
Tuesday, January 06, 2009 3:35 AM |
| Jan. 6 (Bloomberg) -- Malaysia’s ringgit fell for a third day, the longest stretch since the start of December, on concern deepening recessions in the world’s major economies will sap demand for regional assets. Bonds declined. |
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©2009