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0 AUCTIONS | 1074 REGISTERED USERS | 31 USERS ONLINE | May 21, 2018 08:17:35
Euro slides 01/10/2017

 

SYDNEY: The euro took a brief knock in Asia on Monday as investors kept an anxious eye on an independence vote in Spain's Catalonia, although surprisingly strong economic news out of China offered support to equities and commodities.

The euro fell around a third of a U.S. cent after the violence-marred vote to as low as $1.1776 in early Asian trade but soon steadied at $1.1807. Liquidity was very thin with Chinese and Sydney markets on holiday.

Spanish police used batons and rubber bullets to thwart an independence vote in Catalonia on Sunday in a show of force that left hundreds injured, according to Catalan officials, and presented Madrid with a huge challenge to calm tensions in the region.


Read more at http://www.thestar.com.my/business/business-news/2017/10/02/euro-wobbles-briefly-in-asia-on-spanish-vote-china-data-a-boon/#eT37IP94HeTx7zFO.99