Spain and Greece is becoming a frightening state of world financial markets, as well as Asia. Shares in the stock index recorded the Asia fell on concern the bailout Spain will require large amounts of debt from ballooning as a local government.
The MSCI index of Asia-Pacific region outside Japan fell 0.6 percent was recorded after a benefit investors. In trading yesterday, the MSCI Asia Pacific Index up 2.4 percent even depressed or worst day of stock trading during the last two months.
Of Japan, the Nikkei index also fell after opening down 0.9 percent.
"With so many risks in circulation, making the market increasingly fine line between safe investment assets (safe haven) and risky assets," said Head of Global Macro and Emerging Market Strategy of Barclays Capital, Michael Gavin in his report as quoted by Reuters pages, Wednesday, July 25, 2012.
Not only affected the stock market. Asian credit markets also experienced a decline. These conditions create an index level of investment in Asia outside of Japan from the iTraxx widened by 2 basis points.
Asian financial markets are not independent of the weakening of world stock markets, especially the United States. In addition to the news from Spain and Greece, the negative sentiment also attacked the U.S. stock market.
Slipping of Apple's financial performance as well as data of U.S. manufacturing activity, making the stock performance of the more depressed.
U.S. stocks had climbed towards the end of the close of trading. It was triggered by information that states the U.S. central bank will take measures to encourage economic activity and increase employment.
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