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View Full Version : Asia markets hurt as oil extends losses, yen rises



Wireless News
01-14-2015, 04:01 AM
http://l.yimg.com/bt/api/res/1.2/zg_zyAw1iYsuwT_Nnv1kRg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/afp.com/f79730f6ad6ec115de11f603034bb4da94c2d0a7.jpg (http://news.yahoo.com/asia-markets-hurt-oil-extends-losses-yen-rises-031029462.html)Oil prices fell further on Wednesday, heading to six-year lows, while crude's weakness continues to test investor confidence, pushing the yen up and weighing on Asian equities. The euro also slipped further after comments from a key member of the European Central Bank fanned expectations that it will unveil a vast bond-buying scheme at its policy meeting next week. On oil markets US benchmark West Texas Intermediate for February was down 58 cents at $45.31, a level not seen since March 2009, and Brent slipped 54 cents to $46.05, its lowest since April 2009.



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