Asian shares and the euro were steady on Monday but trading remained
subdued with some Asian markets, including Australia and Hong Kong, and
Europe still closed for Easter holidays.
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Monday, 1 April 2013
U.S. STOCK
U.S. stocks rebounded from early declines to close little changed on
Wednesday, but investors were still worried about the chance of a run on
Cypriot banks and its possible implications for other euro-zone
lenders.
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DOLLAR
The dollar traded at 94.30 yen, almost flat on the day, but above its
March 18 low of 93.45 yen, supported by expectations of strong easing
from the Bank of Japan at its monetary policy review on April 3-4.
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EURO
The euro traded at $1.2801, down about 0.1 percent from late Asian trade
on Friday and near a four-month low of $1.2750 hit on Wednesday.
European and U.S. markets were closed for a holiday on Friday.
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FTSE
The FTSE 100 gained 8.7 percent in the first quarter, and 0.8 percent for the month of March, achieving a 10th
consecutive month of gains for only the second time, the first having
been in 1996/97. London markets were closed on Friday for a public
holiday.
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U.S. TREASURY
U.S. Treasuries prices gained for a third straight week as resurgent
fears over the euro zone helped bonds claw back losses from January and
February and end the quarter only slightly weaker on Thursday, after a
turbulent start to the year when investors bet on a strengthening
economy.
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