Asian markets, with the exception of Japan, are all lower this morning, with Chinese stocks falling to their lowest level since 2009 on concern the country will hold off from further monetary easing after property prices rebounded. Thailand’s Government cut their estimate for expansion  for this year, and reduced its forecast for export growth. Sharp Corp fell almost 4% after the press reported the company may cut 10,000 jobs.

 

Posted by Philip Ball | Sales and Trading