by Chris Becker
Not a happy day in Asia with stocks off everywhere except Hong Kong, as iron ore slumped nearly 3% on production concerns as the USD remained steady against the majors, including Yen.
The Nikkei closed down 0.3% while the Shanghai Composite is currently down 0.5% just holding on to support above 3000 points at 3070. Eurostoxx futures are pointing to a 0.3% drop as we head into the London open.