Monday, June 18, 2012

Asian Markets Are Slipping On Concerns About Europe

Japan businessmen praying

Asian markets rallied after the weekend's Greek elections, but the market respite is fading.

With yields on Spanish 10-year bonds surging, Asian stock markets have started trading lower.

Meanwhile, stocks in Japan were also hit by a stronger yen that impacted tech and auto exporters.

Here's how the markets look:

Japan's Nikkei 225 is down 0.26%

Korea's Kospi Index is down 0.12%

Australia's S&P/ASX 200 is down 0.41%

China's Shanghai Composite is down 0.34%

Hong Kong's Hang Seng is down 0.30%

Note: Market data was updated at 10:58 p.m. ET

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