Monday, February 27, 2012

Shares gain as strong debt sales boost confidence

Passers-by walk in front of a stock quotation board in TokyoTOKYO (Reuters) - Asian shares rose to a one-month high and the euro clung near its strongest in a week on Friday as strong demand in Spanish and Italian debt sales tempered risk aversion ahead of another auction from Rome later in the day. Interbank lending rates fell in a sign that worries about a credit crunch may be easing, while Asian credit markets firmed, with primary market activity picking up. Greater appetite for risk weighed on safe haven gold, pushing it down 0. ...


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