Asia Stocks, Euro Tumble After U.S. Jobs, Hungary; Bonds Rally

June 7 (Bloomberg) — Asia stocks dropped the most in 15 months and the euro weakened to a four-year low after U.S. employment rose less than economists estimated and Hungarian leaders raised concerns about a potential default. Bonds rose.

The MSCI Asia Pacific Index lost 3.3 percent to 109.73 at 1:30 p.m. in Tokyo

Click here for full story

This entry was posted on Monday, June 7th, 2010 at 7:17 am and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed.