Global stock markets battered as yen rises
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European shares fell sharply in early trade on Monday as a sell-off in global equities snowballed, and the yen hit three-month highs against the dollar and the euro.
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The yen rose against the dollar and the euro on Thursday as a rally on global stock markets failed to convince traders to step back into risky carry trades.
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Tokyo stocks opened lower Tuesday following Wall Street's losses. The dollar was higher against the Japanese yen.
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Steep losses in global stock markets  accelerated in Asia and Europe on Wednesday as Wall St recorded  its biggest drop since the September 11, 2001 attacks on the  United States and as volatility measures skyrocketed.
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Global stocks tumbled on Wednesday as fears about the impact of U.S. home owners falling behind with mortgage payments hit financial shares, prompting money to flow into safe-haven government bonds.
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The yen fell against the dollar and euro on Wednesday after data showed that Japan's economy slipped into recession for much of 2004, but the market quickly looked ahead to remarks by Fed chief Alan Greenspan later in the day.
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European shares sank to three-month lows on Monday, led by banks and resource stocks, as the global equity sell-off continued to batter investor confidence and the yen hit three-month highs against the dollar.
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Steep losses in global stock markets accelerated in Asia and Europe on Wednesday as Wall St recorded its biggest drop since the September 11, 2001 attacks on the United States and as volatility measures skyrocketed.
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TOKYO (CBS.MW) - The yen fell against the dollar and the euro on Monday, as investors weighted the impact of a major earthquake that hit Indonesia and surrounding countries on Sunday.
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Global stocks hit record highs on Tuesday amid solid earnings and signs of consumer strength while the yen retreated from three-week highs, proving reluctant to break key resistance ahead of a weekend Group of Seven meeting.
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The yen fell against the dollar and euro following a sharp rise in world oil prices that analysts said could have a negative effect on Japanese economic growth.
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Japan&#39;s stock benchmarks fell for the first day in four, after the dollar slumped against the yen, raising concerns that the nation&#39;s export-led economic recovery may be hindered.
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Tokyo stocks ended sharply lower Monday due to economic uncertainties following powerful earthquakes that hit northern Japan over the weekend. The dollar was lower against the Japanese yen.
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Japanese stocks fell on Tuesday, hit by a stronger yen and profit taking in some high-flying sectors.
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Tokyo stocks fell Monday morning after a weak performance on Wall Street Friday. The US dollar was up against the Japanese yen. The Nikkei Stock Average of 225 issues dropped 43.
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Europe&#39;s main stock markets fell Thursday, with global investors rattled after former US Federal Reserve chairman Alan Greenspan warned of a possible &quot;dramatic contraction&quot; in Chinese share prices.
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The yen fell to five-week lows against  the euro and the dollar on Thursday as steep oil prices weighed  on Asian stock markets and dragged the region's currencies  lower.