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SYDNEY (Reuters) – Doubts over whether a rescue deal for debt-soaked Ireland can plug Europe's debt crisis drove the euro to two-month lows on Monday, though shares in Europe and Asia managed to move higher.

Even though European authorities agreed to lend Ireland 85 billion euros ($115 billion) on Sunday in the hope it would assure investors that all European nations can repay their debts, markets were skeptical that the deal would stave off further contagion.

Asian stocks struggled most of the day but drew some comfort from a firmer start in Europe, where leading European shares (.FTEU3) rose 0.8 percent in early trade.

The euro fell as low as $1.3183 in Asia as investors worried European authorities might not have the means to rescue all fiscally-poor European nations including Portugal and especially Spain, whose economy is much bigger than Ireland's.

"There are still lingering worries about the rest of the countries, including Portugal and Spain," said Lorraine Tan, the director of Asian equity research at Standard & Poor's.

"It does raise risk worries and there are less people willing to take risk at this stage."

Indeed, many Asian investors said they wanted to wait and see how U.S. and European markets take to the rescue deal before making any big moves.

A late 1.3 percent spurt in Hong Kong's share index (.HSI) (.HK) helped to lift the MSCI Asian stock index outside Japan (.MIAPJ0000PUS) 0.9 percent higher by late afternoon.

Japan's Nikkei (.N225) also rose 0.9 percent to a five-month high. (.T) But traders noted the Tokyo market was thin, suggesting buyers were prudent nonetheless, especially with tensions between the two Koreas still bubbling.

U.S. stock futures were buoyant, with S&P 500 futures up 0.9 percent, driven higher in part by a healthy start to the Christmas shopping season. (.N)

EURO UNDER PRESSURE, FLIGHT TO DOLLARS

The euro recouped some losses by late trade in Asia to stand at $1.3280, but was still some way below a high of $1.3345 struck after the Irish aid was announced.

The U.S. dollar, considered a safer asset because it is widely traded, initially benefited from the shift from risk.

The dollar index (.DXY) hit a two-month high of 80.652 before pulling back in late trade to 80.101. On the yen, the U.S. currency held near a two-month peak.

The reaction in the commodity markets were more mixed.

Oil brushed aside the firmer dollar to rise past $84 per barrel as some thought the Irish deal bode well for energy demand.

Copper prices, an essential ingredient for industrial work, were steady while iron ore prices hovered at 6-1/2-month peaks. Iron ore is needed to make steel and is considered a barometer for the state of economic activity.

Gold, on the other hand, which tends to be in demand when investors shy away from risk, was a shade firmer at $1,363.19.

(Editing by Kim Coghill)

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NEW YORK--Wall Street was struggling Tuesday, a day after the most famous flag market broke a winning band of six sessions with a modest decline.

Foreign markets were mixed with shares rising in Europe having fallen in Asia.Gold prices have reached a new as the dollar continued its weak dollar diapositive.Un Summit was a boost for the price of shares, especially for companies who rely on exports and overseas operations to increase revenues.

Shares in Europe have summer more trade following a batch reports strong with profits of entreprises.British mobile phone company Vodafone PLC have gain 100 to exploit of profits expected year-end profits and faster than expected growth raised.French luxury goods makers Hermes SA investors that it in more profits this year to earlier forecasts expects said.

Euro Stoxx 50, which tracks blue chip companies in Europe increased by 0.7%.

Shanghai Composite index China, reference of the country, stock index fell 0.8 percent. General Electric Co., announced Tuesday that it will spend more than 2 billion dollars in China research and development joint ventures with companies belonging to the State of the country technology.

Ahead of the opening of the U.S., Chevron Corp. announced that it had decided to acquire the producer gas natural energy Atlas to 3.2 billion in cash and stock. Chevron move follows similar acquisitions of natural gas by Exxon Mobil energy giants and Royal Dutch Shell.Les Energy Atlas shareholders will receive a $43.34 per share, a premium by 37% to fence company Chevron lundi.Actions declined less than 1% in Premarket trade.

Ministers of countries including China, Germany and the Japan recently criticized a bond by the Federal Reserve which aims to stimulate consumption and investment finance spending purchasing program.The Central Bank announced last week that they would buy government bonds in the middle of next year's $ 600 billion, a movement called Federal Reserve quantitatif.Programme flexibilities will probably weaken the value of the dollar, which would benefit from large companies such as Caterpillar Inc. and Boeing rely on exports.

Decision of the Federal Reserve will be probably 20 industrial economies and developing group which will begin on Wednesday evening in Seoul meeting objectives.

Gold continued to win after reaching highs Monday because of concerns about the weakening of the dollar further.Some investors or see the metal as cover against national currencies lose value due to inflation .Or gave a further boost, Monday, while the World Bank President Robert Zoellick wrote an op - ed in the Financial Times piece arguing that gold should have a place in the system currency mondial.Le precious metal is passed to $1,419.17 once, an increase of 1.2% of the late Monday.

Also Pink Silver WINS 1.2% trade $27.76 an ounce.

The dollar fell by 0.4% against a broad basket of currencies.

Dean Foods and Sempra Energy are among the few companies releasing reports earnings Tuesday.

? 2010 The Associated rights Press.Tous réservés.Ce hardware cannot be published, broadcast, rewritten or redistributed.

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U.S. Secretary of the Treasury Timothy Geithner speaks with the Minister of French finance Christine Lagarde to the g-20. He wants that countries commit to specific commercial plugs. Photo: EPA

With China resolutely refusing the yuan to rise more quickly, the United States has moved the discussion on the first day of the G20 Summit to address trade imbalances, the issue of root behind the confrontation of exchange rate.

Timothy Geithner, US Treasury, said Secretary G20 members that they must commit to specific commercial plugs, allowing the surpluses and deficits in their account current, widest is exchanges of goods and services, not more than the gross domestic product 4pc.

China's current account surplus has been 5 9pc in 2009, with almost half of its peak 10 6pc in 2007.United States, on the other hand, had a deficit of 3pc last year.

In a letter addressed to G20, Mr. Geithner claimed a "collaborative effort" on the issue, but he said it should be "exceptions" for countries which have imported large quantities of raw materials.

The u.s. strategy was seen as a way to side-step a direct confrontation on the monnaies.Elle was supported by United Kingdom Korea, Australia and the Canada, but opposition from large exporters such as the Japan and the Germany immediately.

Rainer Bruederle, Minister of finance Germany rejected approach "command economy", while the Japan Noda Yoshihiko said "setting numerical targets would be unrealistic.

The India also stated that trade plugs would be hard at work, while the Russia stated that there is no numerical limits set in the final Declaration of the Summit.

Mr. Geithner has also called for g-20 countries to refrain from "weakening of their currency or preventing an undervalued currency appreciation" Mr. Geithner, also called the IMF monitored the G20 commitments added: "Advanced G20 countries ensure to against excess volatility and disorderly movement in exchange rates.

Guido Mantega, Minister of finance Brazilian, who was not of the G20 Summit also revealed that Mr. Geithner had called him to reassure that the United States had no intention of allowing the dollar weakened further.

"It guarantees us policy is not to weaken the dollar, on the contrary, it is to strengthen the dollar,", said Mantega."He said that the impact of the policy of the Federal Reserve has be overestimated .c ' is difficult, if you weaken the dollar and the Chinese to let the yuan appreciate", he added.

The comments of Mr. Mantega helped move the dollar against the euro of $1.3918 euro at $1.3895 prior undermining later in the dollar journée.Le also stabilized as a whole against the Japanese yen.

However, as the first day of closed meetings, there was little sign that currency problems could be resolved.

With certain growing scepticism that the g-20 is an instance sufficiently targeted at overcoming the global economic problems, Lee Myung-bak, South Korean President, welcomes the Summit, warned Ministers only if they have not reached a compromise "we do not operate bus, train or plane services you back".

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NEW YORK--Shares fluctuated in a range of tight Friday as a rally recently built on strong earnings reports ran out of steam.

Moves Friday appears also to be held in check as investors turn some of their attention to a meeting of Finance Ministers and central bankers group 20.Le Group meets tensions have to battle currency brewery can have an impact on world trade growth.

Directed by Dow Jones Verizon Communications Inc. and American Express Co.Mais components results were not enough to drive significantly higher stock traders received a batch of earnings that beat analysts estimates. Dow Jones index fell to about 22 points in early trading afternoon but more broad index increased slightly and advance stock exceeded those who have fallen on the New York Stock Exchange.

Small movements Friday could simply be that investors are "a little tired," said Paul Zemsky, head of asset allocation at ING Investment Management. " The basic principles which would indicate that we should be higher.?

Stocks have been a regular rise for almost two months. A pause, especially from the solid gains in recent days, "is absolutely natural and perhaps even expected," said Zemsky.

Shares of Verizon tempered after she added the minimum number of global customers in a decade and profits fell.Bank regional KeyCorp could not grab morning gains after it reported earnings growth as less missed customers on loans.

Manufacturer Honeywell International Inc. reported a profit that beat estimates, but it raised its Outlook for earnings to a level still fell short of expectations.Shares wavered in the day.

Amazon.com Inc. and oil Schlumberger Ltd. company were among the better performers to earnings reports.Online retailer Amazon has shaken off the coast of concerns early in the morning on narrowing margins over Mount haut.Schlumberger has been a great elevator by increasing land-based drilling activities the United States and the Canada.

Dow Jones index fell 22.63 or 0.2%, 11,123.94 in afternoon trade at the beginning.

A loss would bring a winning band of two days for the Dow Jones index builds on earnings prospects and optimistic corporatifs.Il ends Thursday at its highest level since May 3 closing and was on the verge of closing at its highest level for more than two years before reduced shares their gains in afternoon trade.

Index of standard & Poor 500 has increased 0.78, or 0.1% of 1,181.04, while the Nasdaq composite index rose by 14.13, or 0.6%, 2,473.80.

The G-20 meeting adds a cautionary note on the market, which has been volatile for the week.Shares fell at the beginning of the week due to global economic concerns to retrieve these days that follow the chain of earnings reports.

Finance Ministers and Central Bank Governors meet to discuss a growing trend in the country tries to devalue their currency to gain an advantage in the international market.

"Everyone tries to get out of the economic doldrums by exporting," said Bruce McCain Chief Strategist to Key Private Bank investment."And everyone is looking to do at any given time.

There is concern that countries like China, hold their currency artificially low niveaux.Qui gives them an advantage in the export of goods that the world economy recovers slowly from a deep recession.

The dollar has risen slightly against the other currencies, but still remains close to a minimum of 15 years against the yen japonais.Il is also near to its lowest level of the year against the euro.

Since the end of the month of August, the future AIC U.S. dollar index, which measures the dollar against six other currencies fell by 7%.

Verizon shares fell 63 cents to $31.89, while American Express dropped 76 cents to $39.51.Honeywell increased 11 cents to $46.78.Amazon increased 2.91 $ $167.88.

Schlumberger jumped $3.13, or 4.9%, $67.44 .KeyCorp fell by 9 cents to 8,25 $.

? 2010 The Associated rights Press.Tous réservés.Ce hardware cannot be published, broadcast, rewritten or redistributed.

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