Asian stocks slammed China Inflation

Morgan Stanley Composite Index (MSCI) Asia Pacific (APAC) fell 1.6% to 136.30. This happened after China reported higher inflation than forecast. As well as the U.S. Central Bank the Fed's quantitative easing program worth U.S. $ 600 billion will expire in June.Asian stocks crash, closed slumped in trading Thursday (12 / 5). This is due to falling commodity prices and fears that China will tighten policy because inflation pressures. MSCI APAC, year-to-date, up 0.5% and the PER is at 13.6 times. Japan's Nikkei Exchange fell by 1.5%, Kospi in South Korea 2%, the Hang Seng in Hong Kong 1.1% and 1.8% Australia stock. Futures on the Standard & Poor's 500 index fell 0.3% today. "The market is always struggling with the tightening cycle. China's...

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Posted in: Asian stocks slammed China Inflation

update April 2011

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worldstockss st6 april

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