the copper miner and woolsey is a plumbing company. that s not enough to counter the general market trend. the cac 40 down by .4% despite gains for the french banks. and the dax still down by .6% despite the fact we ve got shares in some of the car makers up like bmw up by 1.5%. let s turn our attention towards the currency markets. the euro and the pound gaining against the u.s. dollar. and as you can see, the yen is losing ground against that currency. when it comes to the euro, $1.4133, the japanese yen, though, currently trading at 81.68, pauline. well, nina, the markets here in the asia-pac region finished mostly lower this session. the nikkei in tokyo was down for the second straight day on more
the nikkei in tokyo was up and up pretty strongly as well, by over 1%. that came despite news of japan s economy actually contracted in the fourth quarter of 2010. investors took haerkts though, that the contraction wasn t as bad as had been expected. japanese exporters were high today because the yen weakened. construction stocks lead in the gains in shanghai. china also announcing a trade surplus which narrowed in january as imports grew, and australia s main benchmark higher among the mining and banking stocks. well, now that it s had the weekend to mull it over, how will wall street respond to the fall of egyptian president hosni mubarak? that s one of the things investors are pondering following his resignation and disappearance from the political scene. in the meantime a lot of numbers are out on the financial front this week. here s a preview.
session. the nikkei in tokyo was the only exception. a strengthening yen dragged down japanese exporters there, ended down for the first time in three days and you see profit taking by investors there, as well. coal mining companies some of the best performers in shanghai. they got a lift from good economic news and despite a slower growth in the fourth quarter the country s gdp reached 6.1% for 2010. that s the fastest pace in about eight years. markets in australia and india were closed today for public holidays. meanwhile, there s trouble for toyota. shares of the japanese carmaker fell nearly 2% this trade. they announced a voluntary worldwide recall of almost 1.7 million cars over a potential fuel leak problem. u.s. stocks closed flat on tuesday. investors were disappointed with
are all up, the lon son ftse 0.7, the dax up 1.05, the paris cac also up and the zurich smi are also up. the euro and the point ready gaining against the u.s. dollar.the dolldollar. the dollar falling against the japanese yen. the waenger yen helped give japanese stocks a boost. the nikkei in tokyo is up. most of the major markets have finished the session higher. in shanghai, the market rose after new manufacturing data showed there may not be a need for any immediate tightening measures. two straight surveys showed china s manufacturing growth slowed in february but still remained at a healthy level.
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