Marketmind: Tightest financial conditions this year bite

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By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set for a ...

- A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

Broader market sentiment is fragile. The Nasdaq shed 2% last week, and the S&P 500, MSCI World and MSCI Asia ex-Japan Index all fell more than 1%. The dollar is at a six-month high, Asian currencies are feeling the heat, and traders are on intervention alert - India's rupee posted a record closing low on Thursday and the Japanese yen, Philippine peso and Thai Baht are at their lowest levels this year.

Money supply, loan growth, social financing , retail sales, industrial production, unemployment, house prices and fixed asset investment are all due for release by September 15.

 

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