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AUG 07, 2014 - FT Alphaville

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The 6am London Cut

Markets: Asia-Pacific equities were in decline for a third straight day, as investors braced for a possible conflict in Ukraine and Australia’s jobless rate jumped to a 12-year high. However, haven assets that were pushed up overnight stabilised in Asia, with the Japanese yen steadying at Y102.2 after rising half a per cent overnight, and the price of gold edging up 0.1 per cent to $1,307.25 per ounce, after climbing 1.3 per cent overnight. Sentiment in Asia was damped by a closely watched Australia jobs report that showed the jobless rate jumped from 6 in June to 6.4 per cent in July – a ... Read More

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