Asian shares fall on wariness over Spain, growth

Asian shares and commodities fell on Wednesday as investors turned their back on perceived stimulus effects from central bank easing, focusing instead on Europe’s fiscal challenges as Spain faces bitter protests against budget austerity measures.

Flat U.S. stock futures hinted at a steady Wall Street open, but financial spreadbetters expected London’s FTSE 100 .FTSE, Paris’s CAC-40 .FCHI and Frankfurt’s DAX .GDAXI to open down as much as 1 percent..L .EU .N

“Despite ample liquidity in the market, investors remain concerned about whether economic fundamentals are really improving,” said Kim Hak-kyun, an analyst at Daewoo Securities.

via Reuters

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