Stocks steady but US fiscal worries linger

Nov 14 2012, 10:37 IST
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SummaryAsian shares and the euro steadied on Wednesday but lacked the impetus for a decisive rebound.

to take further losses on Greek debt.

For the moment, the market's focus is on whether they can decide on a deal for Greece next week, said Teppei Ino, currency analyst at the Bank of Tokyo-Mitsubishi UFJ.

Commodity markets were subdued, with Brent crude easing 0.3 percent to fall just below $108 a barrel and U.S. crude off a few cents around $85.35.

Copper lost 0.2 percent to $7,665 a tonne, but gold inched up, gaining 0.2 percent to trade around $1,728.50 an ounce.

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