Thursday, May 31, 2007

Asian stocks shine, dollar subdued before U.S. data

(Reuters) - The strength in equity markets weighed on fixed income assets, dragging Japanese government bonds lower, while the dollar hovered below a three-month high against the yen ahead of closely watched U.S. payroll data later on Friday.




London Brent crude oil held above $68 a barrel after snapping a four-day losing streak when data showed U.S. crude inventories fell last week, while gold extended its rebound to a 1-1/2-week high of $663 an ounce.


Read more at Reuters.com Hot Stocks News

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