Concerns in a healthy global economic growth pushed up Asian stocks lower on Thursday, investors cautious before the European Central Bank meeting later in the day, you can see the cut interest rates to support economic growth.
Investor sentiment weakened, crude oil futures overnight U.S. stocks fell after the latest U.S. economic data doubts about the strength of the world's largest economies.
Behind the euro zone recession is installed expectations that the European Central Bank reduced its main interest rate by 25 basis points to a record low of 0.5%, while the weak demand in the United States may slow down the recovery of the Chinese economy.
On Thursday, April HSBC purchasing managers' index fell to 50.4, from 51.6 in March and a little below the flash reading of 50.5, new export orders fell for the first time this year.
Concerns about slowing demand from China, Australia's largest consumer and the world's second largest drag on the Australian stock market and currency, but also a record of China's stock market and Shanghai copper prices.
"The trend in China's economy continues to improve, but lost the momentum, but it is vulnerable to the vulnerable to external shocks, that signs of U.S. economic pause, Hong Yuihama said:" Senior strategies in large and securities (Daiwa Securities) Tokyo.
"Market tone for the concern and support of the tug-of-war growth prospects ongoing currency war between the stimulus policies, weak U.S. economic growth may prompt Asian stock markets outperformed earlier this year, to maintain the profit-taking of the regional market range, Yuihama said. "
The Morgan Stanley Capital International Asia-Pacific shares outside Japan. miapj0000pus> the most widely used index fell 0.5%, the Australian stock market (AXJO) led by miners drag on the main index fell 0.8%.
Wilson HTM Investment Group, an investment adviser, "we see today is backward materials stocks, pulling down the market, there are still no real belief in the major mining stocks, even though they are in a fairly depressed levels, said:" Peter Esho Australian shares.
Shanghai shares (SSEC) fell 0.3%, respectively, earlier hit a low of 2013, CNOOC makes a sharp decline in Chinese oil giant's biggest drag on Hong Kong's Hang Seng Index (HSI) fell 0.4%. Shanghai copper fell nearly 5 percent to an intraday low of 49,240 yuan per ton (1.1023 tons).
Japan's Nikkei Stock Average (N225) fell 0.5%, heading for a fourth straight session of losses, which will mark the longest such as losing run since November, the former Prime Minister Shinzo Abe expansionary monetary and fiscal policy general election campaign commitment to stimulate economic growth.
Japan's financial markets will be closed Friday and Monday is a public holiday. (T)
Fed keeps option open
Dollars to restore low against a basket of six major currencies. DXY live near the lowest since late February 81.331 hit on Wednesday, after the U.S. Federal Reserve to maintain its plan to buy $ 8.5 billion of bonds every month, as is widely expected.
The weaker dollar boosted the euro on Wednesday $ 1.3243 two-month high, the common currency stable session around $ 1.3178.
"Poor growth outlook is still demand for credit in the euro area is a major deterrent. Lack of demand for credit points in the region to further contraction. Should see this with the disappointing read German PMI poor prognosis in Europe in April ease-of-use policy of the central bank, Barclays Capital (Barclays Capital) said in a research report.
The dollar fell 0.1% against the yen 97.30, the pressure from the emerging signs of weakness in the second quarter to continue.
Key government on Wednesday the private ADP employment report shows that in April, creating 119,000 jobs, far less than the 150,000 forecast cause to be arrested in April, due to the non-farm payrolls data on Friday. The U.S. economy is likely to increase by 145,000 jobs. March suffered a severe decline less than expected in the 88,000 - triggered the sell-off of risky assets.
Also on Wednesday, the U.S. private index of factory activity fell in March, the employment index also fell.
"Feeling, when the downside risks are still a feature, and the Federal Reserve signaled it may change its bond purchases in either direction in response to incoming data," Miller Tabak's chief economic strategist Andrew Weir Kanamori, in New York, said in a note to clients.
Fed to deal with the worsening economic data, any new signs in a statement released after its two-day meeting that ended Wednesday. Citing risks to growth from the recent budget crunch in Washington, the U.S. central bank reiterated that the unemployment rate is still too high, comfort for policy makers.
U.S. crude oil futures rose 0.2 percent to $ 91.17 a barrel, Brent crude oil rose 0.3 percent to $ 100.26.
 
 
 



Other News:
Asian shares fall on fears for health of world economy
American man Houston airport shot and died on the spot confrontation with the ag
US keeps Cuba on state sponsors of terrorism list
North Korea ignores Seoul deadline for talks
Treasury chief to meet with Wall Street executives
The Old Mrs. Bush do not want the second son to run for president, said Presiden
Nissan cuts prices on 7 US models
Immigration reform: The Senate and the House are on a collision course