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Asian markets battered as Tokyo tanks again
Thursday, February 11, 2016 20:59
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A more than five percent plunge in Tokyo led another Asian rout Friday, bringing to an end one of the most painful weeks for investors as fears about the global economy — and possible recession — stalk trading floors.
The steep losses in Japan came as the yen pushed to more than 16-month highs against the dollar and dealers continued a flight to safe havens.
However, oil soared almost six percent following a report that producers' group OPEC could be willing to cooperate on output cuts to stem a crash in prices that has sent shockwaves through world markets …. http://news.yahoo.com
Source: http://luismmx.blogspot.com/2016/02/asian-markets-battered-as-tokyo-tanks.html
