US Dollar Edges Down Against Hong Kong Currency [USD/HKD]

US Dollar Edges Down Against Hong Kong Currency [USD/HKD]
The US dollar edged down against the Hong Kong dollar Monday during early deals. The pair remained range-bound around 7.806 in Asian deals today, but the Hong Kong currency gained ground in early European hours. The greenback is now worth 7.8036 Hong Kong dollars.

European Markets Fall, Led By Food And Beverage Stocks - European Commentary []
The European markets fell on Friday, as shares of food and beverage companies dropped after analysts warned that slowing consumer spending and higher commodity prices would hurt the sectors' earnings.

New Zealand Shares Look To Rebounc []
New Zealand Stocks open the week looking to avoid the down-side lead-in provided by Wall Street.

China Market Due For Correction []
Bucking the global trend, the China stock market has now finished higher in seven of eight sessions in 2008 - but the volatility in Friday's session suggests that the Shanghai Composite Index might be in for a minor correction when the market opens for business on Monday.

More Record Territory For Malaysian Stocks? []
The Malaysian stock market has posted record closes in each of its last five sessions, and analysts say that the potential for more upside remains as the Kuala Lumpur Composite Index prepares to kick off trade on Monday. The KLCI advanced more than 3 percent in four trading days last week.

Pound Extends Weakness Against Majors [GBP/USD]
The British sterling extended its weakness against its major counterparts by about 7.47 am ET. As of now, the pound is trading near 0.7596 against the euro, 2.1414 against the Swiss franc and 1.9599 against the US dollar.