Asia Stocks, Euro Tumble After U.S. Jobs, Hungary; Bonds Rally

June 7, 2010 – 2:32 am

Asia stocks tumbled, with the MSCI Asia Pacific Index dropping the most since March 2009, and the euro weakened to a four-year low after a U.S. report showed slower-than-estimated employment growth and on concern over Hungarian debt. Commodities dropped and bonds rose.
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