UPDATE 1-Euro slumps, looming Greek default prompts risk selling WELLINGTON, June 29- Euro exchange rates fell in Asia early on Monday after Greece failed to strike a deal with its international lenders to secure more emergency funding at the weekend, forcing it to introduce capital controls and keep its banks shut. "Greece is not out of the euro yet, but they've only got 48 hours left." A failure by Greece to repay a 1.6 billion-euro...
| By: Naomi Tajitsu
Nikkei falls to 1-week low after Fed; strong yen hurts sentiment TOKYO, June 18- Japan's Nikkei share average fell to a fresh one-week low on Thursday after the market digested the U.S. The Nikkei share average dropped 0.7 percent to 20,078.47 in midmorning trade after falling to as low as 20,042.43, the lowest level since June 10. "The Fed's view on the rate hike gave little surprise to the market," said Masaru Hamasaki, head of...
| By: Ayai Tomisawa
US stocks on countdown to Fed U.S. stock futures pointed to a flat to slightly higher open, with the spotlight shifting from the crisis in Greece to the Federal Reserve.
| By: Dhara Ranasinghe
Euro on defensive on Greece default fears The euro was held hostage by the crisis in Greece on Wednesday while the dollar held firm after solid U.S. housing data bolstered the case for the U.S. Federal Reserve starting rate hikes as early as in September.