Forex | Forex | Most Asian equities are declining tracking the earlier selling in US stocks (02/09/2009 05:48:54)

Most Asian equities are declining tracking the earlier selling in US stocks

Asian Market Update: Most Asian equities are declining tracking the earlier selling in US stocks, pushing USD/JPY to a fresh 7-week low - Australia's Q2 GDP rose more than expected (AUSTRALIA Q2 GDP Q/Q: 0.6% V 0.2%E; Y/Y: 0.6% V 0.3%E). In terms of the components for Australian GDP, domestic demand rose by 0.8% q/q v -1.1% prior, while consumption rose by 0.8%q/q v 0.4% prior. Additionally, Australia's Q2 business investment rose by 1.9% q/q v -6.2% prior. The better than expected GDP data is


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