Asian stocks decline, Yen extend gains - InvestingChannel

Asian stocks decline, Yen extend gains

JPY 1.50
GBP -0.32
EUR -0.72
CHF -0.90
The risk appetite decreased in the Asian stock markets, as the World Bank revised its Japanese and US growth forecasts to the downside, and predicted a second year of contraction in the Euro-Zone. Overnight, the Australian monthly consumer confidence improved to 0.6% from -4.1% previously. In Japan, yearly domestic CGPI increased to -0.6% (exp. -0.7%, prev. -0.9%), while November monthly and…

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