The Traderszone Network

Published in TZ Latest News 4 March, 2015 by The TZ Newswire Staff

Asia stocks slip, euro hits 11-year low before ECB

Asian stocks slipped on Thursday after Wall Street continued to pull back from record highs ahead of Friday’s closely-watched U.S. jobs data, while the nervous euro languished at an 11-year low prior to the European Central Bank’s policy meeting. MSCI’s broadest index of Asia-Pacific shares outside Japan shed 0.4 percent with Thai, Malaysian and Chinese stocks posting losses. “Foreigners are continuing their buying spree on the back of increased global liquidity after quantitative easing by the ECB,” said Lee Kyung-min, economist at Daishin Securities Co in Seoul.

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