Jakarta Shares Seen To Extend Decline []

Jakarta Shares Seen To Extend Decline []
The Indonesian stock market was down on Thursday, and analysts are calling for an encore performance when the market opens for business on Friday.

Wachovia Notes Trade Data Could Signal Upward Revision To GDP []
Adam York from Wachovia commented on Friday that the U.S. trade deficit narrowed to $56.5B in September from a positively-revised $56.8B in August. The real trade balance was relatively unchanged month over month. Combined with the BEA assumption of a significant widening in the preliminary release of 3rd quarter GDP, York suggested, this indicates a potential upward GDP revision to over four percent.

European Markets Fall As Dollar Hits Record Low Against Euro - European Commentary []
The European markets fell on Wednesday, as insurance and automotive stocks declined after the U.S. dollar dropped to a record low against the euro and airlines stocks slipped after crude oil prices breached the $98 a barrel mark.

Loonie Continues To Pull Back From Recent Modern-era High Versus US Dollar [USD/CAD]
The loonie slipped to a weekly low versus the dollar Friday morning, falling to .9421 from an early level near .9275. The loonie has softened considerably since hitting a modern-era record high of .9056 on Wednesday.

New Zealand Market Closed In Red, Succumbing To Selling Pressure []
The New Zealand share market slumped on selling pressure, dragging the benchmark NZSX-50 index down 50.65 points, or 1.2%, at 4134.77 at the close on Friday.

Asian Markets Mixed; Nikkei Slumps To Three Months Low; Hans Sang Edges UP- Asian Commentary. []
A nervous Japanese share market closed lower for the sixth consecutive day on Friday, amid lingering uncertainties arising from the U.S. subprime mortgage market crisis.

Dollar Mixed Versus Majors Friday Amid Concerns About US Economy [EUR/USD]
The dollar was mixed against other major currencies Friday in New York, rebounding from long-term lows versus the euro and sterling but plummetting to a resurgent yen.

Stocks Close Mixed; Crude Oil Price Surges - Asian Commentary []
Wednesday, stock markets across Asia-Pacific region turned mixed in late trade, as oil prices surged to record levels. The Hang Seng index held up as oil majors gained, but benchmarks in Japan, South Korea and Singapore turned lower, while other markets came off their peaks.

Asian Browses Open Weak Tracing Wall Street Slum- Asian Commentary []


Asian Markets Closed Lower On Wall Street Slump- Asian Commentary []
Asian bourses closed lower Thursday, following sell off across the board, sparked by overnight slump in Wall Street, struggling to keep sentiment elevated amid renewed subprime mortgage worries.