Euro, stocks down as debt jitters trump U.S. data
1/9/2012 10:46:25 AM
SINGAPORE: The euro sank against the dollar and the yen on Monday and Asian stocks fell as renewed worries about the fallout from the European sovereign debt crisis overshadowed signs of vigour in the U.S. economy.
The rising dollar dragged on commodity prices, with oil, copper and gold all falling, while mixed signals on the global economy kept Asian credit markets subdued.
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