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Asian stocks muted on Europe concerns, China

7:02 AM, Feb 22, 2013   |    comments
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BEIJING (AP) - Asian stock markets were muted today following weak economic data from Europe and moves by China's government to cool inflation pressures.

Weaker-than-expected industrial data from heavyweight European economies France and Germany triggered a sell-off in that continent's markets.

U.S. markets were rattled by Wednesday's release of notes from the Fed's last policy meeting that suggested some policymakers were worried about the cost of its monetary stimulus.

That sparked concern the Fed might wind down asset purchases, though some analysts suggested such fears were overblown.

Benchmark crude oil rose above $93 per barrel. The dollar slipped against the euro and the yen.

 

 

 

 

 

 

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