Asian stocks dipped on Tuesday with the latest signs of slower growth in both China and the Eurozone dampening the mood. Over in the US the S&P 500 and the Dow closed down slightly on Monday after briefly touching intraday records, but strength in semiconductors boosted the Nasdaq. The Dow closed 24 points lower at 17366 and the S&P500 closed down 0.24 points at 4638.
The Dollar edged down 0.5 percent to 113.46 Yen on profit-taking after scaling a seven-year high of 114.21, the Euro was up 0.3 percent at $1.2521 after falling to a two-year trough of $1.2390 overnight and the Australian Dollar was up 0.5 percent at $0.8724 as the U.S. Dollar gave back some ground against its peers.
Crude oil extended losses after tumbling as much as $2 a barrel overnight after Saudi Arabia deepened price cuts for U.S. customers, U.S. crude fell to as much as $78.02 a barrel, its lowest since June 2012. London copper held its ground on Tuesday after global factory growth showed a surprise uptick and manufacturing activity accelerated in the United States, but concerns about Chinese and Eurozone growth remain bearish themes for commodities.
Within equities leading British bookmaker William Hill said on Monday its Manila service centre would be investigated due to allegations relating to illegal gambling activities in the Philippines, the stock is currently trading down 1.29% at 355p. In the world of new issues UK lender Virgin Money is seeking to go ahead with its postponed London stock market listing amid firmer market conditions by the end of next week.
Data today sees the release of US Trade Balance figures, £40b expected vs $40.1b previous.
Asian stocks dipped on Tuesday with the latest signs of slower growth in both China and the Eurozone dampening the mood. Over in the US the S&P 500 and the Dow closed down slightly on Monday after briefly touching intraday records, but strength in semiconductors boosted the Nasdaq. The Dow closed 24 points lower at 17366 and the S&P500 closed down 0.24 points at 4638.
The Dollar edged down 0.5 percent to 113.46 Yen on profit-taking after scaling a seven-year high of 114.21, the Euro was up 0.3 percent at $1.2521 after falling to a two-year trough of $1.2390 overnight and the Australian Dollar was up 0.5 percent at $0.8724 as the U.S. Dollar gave back some ground against its peers.
Crude oil extended losses after tumbling as much as $2 a barrel overnight after Saudi Arabia deepened price cuts for U.S. customers, U.S. crude fell to as much as $78.02 a barrel, its lowest since June 2012. London copper held its ground on Tuesday after global factory growth showed a surprise uptick and manufacturing activity accelerated in the United States, but concerns about Chinese and Eurozone growth remain bearish themes for commodities.
Within equities leading British bookmaker William Hill said on Monday its Manila service centre would be investigated due to allegations relating to illegal gambling activities in the Philippines, the stock is currently trading down 1.29% at 355p. In the world of new issues UK lender Virgin Money is seeking to go ahead with its postponed London stock market listing amid firmer market conditions by the end of next week.
Data today sees the release of US Trade Balance figures, £40b expected vs $40.1b previous.
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