Epic Asian Markets Update -
June 25th, 2012
Asian shares fell on Monday and the safe-haven dollar rose as concerns about faltering global growth and Europe’s intractable debt crisis continued to sap investor confidence, but commodities steadied after a pummelling last week.
The euro also fell, despite moves late last week to ease funding strains on the euro zone banking system, as markets remained unconvinced that a European Union summit on June 28-29 will make substantial progress towards resolving the crisis. |