(Bloomberg) -- Asian stocks fell the most in five
weeks after U.S. home sales unexpectedly surged, damping
speculation the Federal Reserve will cut interest rates in the
region's biggest export market.
Toyota Motor Corp., the world's second-largest automaker,
declined the most in two weeks, while BHP Billiton Ltd., the No. 1
mining company, slid on concern demand for their products will
drop. Miners also declined with metals prices.
Read more at Bloomberg Stocks News
weeks after U.S. home sales unexpectedly surged, damping
speculation the Federal Reserve will cut interest rates in the
region's biggest export market.
Toyota Motor Corp., the world's second-largest automaker,
declined the most in two weeks, while BHP Billiton Ltd., the No. 1
mining company, slid on concern demand for their products will
drop. Miners also declined with metals prices.
Read more at Bloomberg Stocks News
No comments:
Post a Comment