Friday, June 18, 2010

20100618 1616 Global Market News.

Asia stocks higher, euro holds near 3-wk high
SEOUL, June 18 (Reuters) - Most Asian stocks rose, encouraged by a late rebound on Wall Street, while the euro hovered near 3-week highs against the dollar after a strong investor response to Spanish bond auctions.
"While the immediate euro zone worries about Spanish debt have diminished, as with Greece there's a sense that the real solution to the problems has only been postponed, and this will provoke some uncertainty," said Nagayuki Yamagishi, a strategist at Mitsubishi UFJ Morgan Stanley Securities in Japan.

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