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0557 GMT-- Thursday Asian financial market overview:


ikonfx

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Asian stock markets were mixed. Japan’s Nikkei was flat,Australia’s S&P/ASX 200 rose 0.3%,Hong Kong’s Hang Seng index fell 0.4%, South Korea's Kospi Composite fell 0.4%, Taiwan's Taiex rose 0.3%, India's Sensex climbed 0.2%, China’s Shanghai Composite Index fell 0.1%, Singapore's Straits Times Index rose 0.2%, Indonesia shares fell 2.3%, Philippine shares fell 1.2%, shares in Thailand fell 0.6%, New Zealand's NZX-50 fell 0.1%, Malaysia's Kuala Lumpur Composite Index fell 0.8%. In foreign exchange markets, the U.S. dollars has entered into a consolidation phase during Asian trading hours after the recent strong surge, while euro has entered into a rehabilitation after the strong slump yesterday. Euro dropped dramatically after Moody's Investors Service yesterday warned that it could lower Spain's top AAA rating by one "or at most two, notches" at the end of the three-month review period. The latest quote of EUR/USD is 1.3223, Wednesday closed at 1.3210 in New York market; EUR/YEN is 111.39, yesterday was 111.35; USD/YEN is 84.22, yesterday was 84.23.
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