Springhill Springhill Group : Asia Ends Down, China Hits March 2009 Lows
Posted in the Business News Forum
Since: Sep 12
#1 Sep 10, 2012
Asian shares edged down in choppy trade on Monday, encouraged by a fresh report of a potential framework for the European Central Bank's new bond buying scheme, as well as hopes of a strong easing from the Federal Reserve.
Central bank sources told Reuters on Friday that the ECB is considering setting yield band targets under the bond-buying program to shield its strategy from speculators, but the decision would not be made before its Sept. 6 policy meeting.
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