The euro jumped and U.S. Treasuries dipped on Tuesday after eurozone policymakers agreed to a second bailout package for Greece in talks that went deep into the night in Brussels, but concerns that the deal is only a short-term fix kept stocks subdued and Asian stocks unaffected.
Asian stocks and the euro faltered on Tuesday, as a rally that had been driven by expectations of a second bailout package for Greece ran out of steam with a deal still not quite sealed.
Asian markets rose across the board Monday as policy easing by China and expectations that Greece will secure a second bailout buoyed investor appetite for riskier assets, sending U.S. crude up nearly 2 percent and copper nearly 3 percent higher.
Markets jumped Monday as policy easing by China and prospects for Greece to clinch a second bailout fund buoyed investor appetite for riskier assets, sending U.S. crude up nearly $2 a barrel and Asian shares up nearly 1 percent.
Asian shares and the euro fell Thursday as another delay in cementing a crucial bailout for stricken Greece underscored how far Europe is from resolving a debt crisis that threatens the stability of the financial system.
Japan's Nikkei share average slipped on Tuesday but still hovered near the 9,000 level, with non-life insurers underperforming after MS&AD Insurance Group Holdings (8725.T) cut guidance on heavy losses on the flooding in Thailand.
The euro and Asian shares pulled back Friday as investors remained concerned about prospects of restructuring Greece's debt and global lenders demanded more steps even after it struck a long-awaited deal on fiscal reforms.
Asian shares struggled but the euro recovered on Thursday, as markets were left without a clear direction after Greek political leaders failed again to conclude a deal for a bailout package, which Athens needs to avoid a messy debt default.
Asian shares and the euro struggled Thursday, as sentiment grew cautious after Greek political leaders failed to conclude a deal for a bailout package crucial to avoiding a messy debt default.
Japan's Nikkei average eased from a three-month high to trade below 9,000 Thursday amid uncertainty over the outcome of the Greek bailout talks.
Gold broke a two-day losing streak on Tuesday on light volume as the euro rose, but sellers matched buyers to keep the price in a narrow range.
Asian markets edged up on Tuesday even as Greek resistance to the strict conditions attached to a bailout fund sapped recent momentum and the euro eased on renewed fears of a messy debt default.
Japan's Nikkei share average advanced to a three-month high on Monday as the U.S. economy showed further improvement with forecast-beating jobs data, boosting hopes for Japanese firms, which have disappointed in the latest quarterly earnings season.
Asian shares rose Monday as surprisingly robust U.S. jobs data bolstered investor risk appetite, overshadowing worries about a lack of progress in Greek debt restructuring talks that are vital to containing the euro zone debt crisis.
Japan's Nikkei share average fell on Friday for the first time in four days ahead of U.S. jobs data, though Sony Corp (6758.T) soared as investors hoped a new CEO would turn things around after it forecast a $2.9 billion annual loss.
Japan's Nikkei share average fell on Friday for the first time in four days ahead of U.S. jobs data, though Sony Corp (6758.T) soared as investors hoped a new CEO would turn things around after it forecast a $2.9 billion annual loss.
Asian shares and the euro fell on Friday as debt restructuring talks between Greece and its creditors dragged on, undermining sentiment, and investors sat tight ahead of U.S. jobs data that will offer more clues on the health of the world's top economy.
Asian shares and the euro fell Friday as caution set in ahead of key U.S. jobs data, which will offer more clues over the state of the world's largest economy, while Greek debt restructuring talks dragged on and undermined sentiment.
The Tokyo Stock Exchange suffered a major glitch in cash-share trading for the first time in six years on Thursday that prevented morning trade in some 240 shares and instruments, including Sony Corp , and provoked anger among traders.
Toshiba Corp., Japan's biggest chip maker, booked a 72 percent fall in quarterly operating profit on Tuesday and slashed its annual profit forecast as a strong yen and the Eurozone debt crisis hit profits.
Japan's Nikkei share average ended nearly flat on Tuesday, but logged its best January performance in 13 years as investors remained optimistic that the U.S. economic recovery could offset disappointing domestic corporate earnings.
Asian shares and the euro rose on Tuesday after Greek Prime Minister Lucas Papademos raised hopes that a deal would be reached this week to avoid a potentially chaotic debt default, but worries over Portugal's refinancing ability capped gains.