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Data and earnings push sentiment south(ISFM) (27-01-2012)

Asia appears mixed with Tokyo and Hong Kong falling (MarketWatch) (27-01-2012)

Currency Exchange Rate

Forex

Asian Markets
10:30am GMT (27-01-2012)
Index	Value	% Change
NIKKEI 225	8,841.22	- 0.09
HANG SENG	20,501.67	+0.31
SHANGHAI SE COMPOSITE	2,319.12	+1.00
TAIWAN TAIEX	7,233.69	0.00
KOSPI 100	1,794.53	- 2.19
S&P/ASX 200	4,288.40	+0 40
NZX 50 FF	3.294.64	+0.40
STRAITS TIMES	2.916.26	+0.75

10 Top Performing Japan Banks
(27-01-2012)
Bank	Close	Pct Change
HIGO	457	+1.09%
TOTTORI	151	+0.66%
HOKUETSU	159	+0.63%
RYUKYU	995	+0.60%
OITA	228	+0.44%
TOHO	246	+0.41%
DAISHI	254	+0.39%
SAPPORO HOKUYO	286	+0.35%
FUKUOKA FIN GR	326	+0.31%
AOZORA	212	0.00%

Markets were cautious after date from various parts of the world as disappointing Japanese earnings, higher unemployment in Spain and weak U.S. home sales weighed. The lower than expected GDP growth in the US before the market opened did not help much either.  Earlier today, Asian markets were mostly flat, with movements that were very close to neutral. The Japanese market was in negative territory largely due to a strong yen that hurt exporters, while most other markets in the region ended just inside positive territory. Among major losers in Japan, were Nintendo Corp., which plunged one ...

SYDNEY — Asian stocks were quit mixed while Tokyo and Hong Kong declined while Sydney and Seoul traded modestly higher.  The Hang Seng Index fell 0.1% in Hong Kong, while Japan’s Nikkei Stock Average also slipped 0.1%. South Korea’s Kospi rose 0.3%, Australia’s S&P/ASX 200 index advanced 0.4% as investors played catch-up after a one-day holiday. Mainland Chinese markets remained shut for the week.  Inpex Corp rose 2.9% in Japan, while Sumitomo Metal Mining Co. advanced 2.5%. Earnings were also a focus in Japan, with NEC Corp. down 7.1%. In Seoul, Samsung...

Dollar loses gains while euro trades higher (MarketWatch) (27-01-2012)

Brent steadies higher than $110 after positive US data (Reuters) (27-01-2012)

FRANKFURT — The dollar had losses against the euro and other major currencies Friday, remaining under pressure as data showed the U.S. economy grew 2.8% in the fourth quarter and after a top European Union official said Greece and private creditors are near an agreement on voluntary write-downs on Greek-government debt.  The ICE dollar index which measures the greenback’s moves against a basket of six other major currencies, traded at 79.183, falling from 79.416...

SINGAPORE – Brent crude steadied over $110 on Friday hoping for a steady demand growth after positive data from the United States gave hopes for economic expansion. Brent crude lost 23 cents to $110.75 a barrel by 2:42 a.m ET, and is poised to post a weekly gain of about 1 percent, reversing two weeks of losses. U.S. crude slipped 10 cents to $99.60, and is set to rise about 1.2 percent this week, also reversing two weeks of losses. Oil investors also remain worried about Greece's persistent debt crisis...

Cayman Hedge Fund expands to New York (HedgeCo.net) (27-01-2012)

New York – Saying that North America is a key market and this will help better serve its client base, Cayman Island based hedge fund Trinity Fund Administration (Cayman) Ltd. announced it is expanding its global network with the opening of a new office in New York City. The New York office will be primarily a local contact point enabling the firm to better facilitate...

SINGAPORE – Gold dropped from a 7-week high on Friday but prices were heading for a fourth week of gains with the Federal Reserve's keeping interest rates near zero for some time supporting sentiment.   Gold’s record-breaking rally of the last decade is set to extend into this year and the next as monetary policy stays loose and central banks build reserves. Gold hit a high...

Currency Summary

Stocks in Europe fall on Greek news (MarketWatch) (27-01-2012) 

Stock futures steady mostly on high levels (Reuters) (27-01-2012) 

Jobless claims in Spain up to 5 million (MarketWatch) (27-01-2012) 

U.S. GDP up to 2.8% in fourth quarter (MarketWatch) (27-01-2012) 

Focusing on positive data at Davos (AP) (27-01-2012) 

Treasurys rise as U.S. stock futures fall (MarketWatch) (27-01-2012)