Stock market fixing:
Nikkei 225 +146.04 +1.10% 13,165.45
Topix +16.44 +1.30% 1,263.75
FTSE -4.60 -0.08% 5,450.20
DAX -13.14 -0.20% 6,432.88
CAC -4.78 -0.11% 4,448.84
Dow -180.18 -1.55% 11,479.72
NASDAQ -35.54 -1.45% 2,416.98
S&P -19.56 -1.51% 1,278.64
10yr Note -0.3600 -0.093% 3.816%
NYMEX Crude Oil -0.90 -0.79% 112.87
Gold +13.60 +1.72% 805.70

Japan's stocks opened the week higher as concerns eased that tighter lending standards will drive developers to bankruptcy, and after analysts recommended manufacturer shares that have become cheap.
Japan General Estate Co. jumped the most in a year after rival developer Urban Corp.'s bankruptcy filing set off a 19 percent drop in two days. Komatsu Ltd., the world's second- largest earthmover maker, rose 3.8 percent after Nikko Citigroup Ltd. said its share price was a ``good investment opportunity.'' AOC Holdings Inc. surged 5.6 percent after oil prices slumped, boosting margins for the refiner.
he Nikkei 225 Stock Average climbed 146.04, or 1.1 percent, to close at 13,165.45 in Tokyo. The broader Topix index rose 16.44, or 1.3 percent, to 1,263.75, the sharpest jump since Aug. 11. Almost four stocks advanced for each that fell on the Topix. The Nikkei has risen 12 percent since it hit a more than two-year low on March 17. The gauge is still down 14 percent on the year.Komatsu climbed 3.8 percent to 2,445 yen, the sharpest jump since July 22. Nikko Citigroup analyst Yoshinao Ibara lifted it to ``buy'' from ``hold.'' The stock had fallen 31 percent through Aug. 15 from its June 4 high in 2008.
Sumitomo Metal Industries Co., Japan's third-biggest steelmaker, surged 7.4 percent, the most since August 2007, to 481 yen. Mitsubishi UFJ Securities boosted its rating on the stock to ``outperform'' from ``market perform,'' citing the company's plan to pass on cost increases on steel pipes. The company's shares had fallen 15 percent this month. Nippon Steel Corp., the world's second-biggest maker of the metal, added 2.9 percent to 538 yen.

European stocks fell for the first time in three days after the steepest decline in U.K. house prices since at least 2002 dragged down banks and consumer companies, overshadowing gains in commodity producers.
Barclays Plc fell 2 percent and Lloyds TSB Group Plc lost 1.9 percent after an industry group said the average asking price for a U.K. home fell 4.8 percent from a year earlier. Home Retail Group Plc, the owner of U.K. store chains Argos and Homebase, dropped 3.4 percent. Anglo American Plc rallied 2.1 percent on higher gold and silver prices. Total SA climbed 1.8 percent as the cheapest energy shares in at least a decade lured investors.
National benchmark indexes decreased in 11 of the 18 western European markets. France's CAC 40 and the U.K.'s FTSE 100 dropped 0.1 percent, while Germany's DAX lost 0.2 percent.
Trading in shares of FTSE 100 companies today fell to the lowest since May 12, while the number of shares changing hands on the DAX and the CAC 40 dropped to the lowest since May 26, according to Bloomberg data.
U.K. house prices posted the biggest annual decline in August since Rightmove Plc, Britain's most-used property Web site, began measuring home values six years ago. Prices dropped 2.3 percent in August, the most since December, Rightmove said.
Home Retail lost 3.4 percent to 247 pence. Persimmon Plc, the U.K.'s largest homebuilder by market value, sank 5.6 percent to 332 pence.
Adidas AG, the world's second-largest sporting-goods maker, declined 2.4 percent to 40.98 euros after HSBC Holdings Plc downgraded the shares to ``underweight'' from ``neutral,'' saying that the long-term consensus estimates for earnings over the next three years are ``too optimistic.''
Anglo American, the world's fourth-largest diversified mining company, jumped 2.1 percent to 2,791 pence. Rio Tinto Group, the world's third-biggest mining company, added 1.7 percent to 4,683 pence.
Gold advanced as much as 2.3 percent as the dollar declined against the euro, bolstering demand for the metal as an alternative investment. Silver gained as much as 4.1 percent.
BHP Billiton Ltd. added 0.5 percent to 1,537 pence. The world's largest mining company reported profit rose 30 percent in the second half and increased its full-year dividend by 49 percent to 70 cents a share.

U.S. stocks declined the most in more than a week, led by banking and real estate shares, as growing speculation the government will bail out Fannie Mae and Freddie Mac rattled the mortgage market.
Freddie Mac and Fannie Mae slumped to the lowest in almost two decades, losing more than 18 percent, after Barron's said shareholders of the biggest sources of U.S. home-loan financing would be wiped out by a Treasury rescue. Lennar Corp. and Ryland Group Inc. led a 5.5 percent drop by builders. Hershey Co. retreated the most since 2002 after the chocolate maker said price increases will curb growth. The market extended its decline after oil pared a loss of as much as 1.6 percent.
The S&P 500 has dropped 13 percent this year as the biggest U.S. housing slump since the Great Depression slowed consumer spending and spurred turmoil in mortgage markets that saddled banks with more than $500 billion of losses. The benchmark index for U.S. equities has rallied 5.2 percent from an almost three- year low on July 15.
Banks and brokerages in the S&P 500 staged their biggest one-day rally on July 16 after the government announced plans to shore up Fannie Mae and Freddie Mac's financing. The S&P 500 Financials Index gained 19 percent since the measures were disclosed through last week.
Stocks advanced on Aug. 15, sending the S&P 500 to a third weekly gain. MBIA Inc. and Ambac Financial Group Inc. climbed after the largest bond insurers had their credit ratings affirmed and a report showed unexpected growth in New York manufacturing.
Fannie Mae today lost $1.44, or 18 percent, to $6.47, the lowest price since September 1990, and Freddie Mac dropped $1.12, or 19 percent, to $4.73, a price last seen in January 1991. The S&P Supercomposite Homebuilding Index slumped as much as 5.4 percent. Lennar fell 92 cents, or 7.8 percent, to $10.90. Ryland retreated $1.73, or 8 percent, to $19.88. Financial shares in the S&P 500 slumped 3.4 percent, the most among 10 industries.

As on Monday hasn’t publications of the important fundamental data, the major currency pairs consolidated in narrow ranges.
The dollar fell from a seven-month high against the yen and declined versus currencies in New Zealand and Australia on speculation its recent rally is too fast to sustain.
The U.S. currency retreated from its strongest level in almost six months against the euro before housing and inflation reports that may add to speculation that the Federal Reserve will delay raising interest rates. The greenback has gained 8.4 percent versus the euro since touching the record low in July on evidence economies outside the U.S. are slowing.
The dollar will trade in a range of $1.45 to $1.50 in the next two weeks, Kassel said.
Futures on the Chicago Board of Trade show a 21 percent chance the U.S. central bank will increase the 2 percent target rate for overnight lending between banks by at least a quarter- percentage point by its Dec. 16 meeting, down from 47 percent odds a week earlier. Policy makers next meet Sept. 16.
U.S. housing starts dropped to an annual rate of 960,000 in July, the fewest in 17 years, according to the median forecast of 75 economists before the Commerce Department's report today.
The Labor Department will report tomorrow that the producer price index probably climbed 0.6 percent in July after increasing 1.8 percent the prior month, according to the median forecast of 75 economists.

EUR/USD printed highs around $1.4767, then to break above $1.4700 to session lows jn around $1.4670.