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leslie
Joined: 12 Oct 2005
Posts: 244
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 Posted: Mon Jan 25, 2010 11:15 pm Post subject: retreated on speculation/declined on speculation? |
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Hi,
I just read 2 online articles from Bloomberg.com and BusinessWeek respectively, and I don't know their usages and structures of the blue part quotations.
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| European stocks, U.S. index futures and commodities retreated on speculation that prices have risen too fast as the global recession curbs earnings and Chinese demand for raw materials. |
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| China�s stocks fell to a three-month low today as banks and developers declined on speculation officials will take further steps to rein in credit growth and prevent asset bubbles. |
Also, there's a similar pattern as the above:
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| The yen advanced against all of its most-traded counterparts as stocks dropped on concern the global economic recovery will be slow, discouraging demand for higher- yielding assets. |
My question is how to break these wordings: V+on concern/speculation?
What does it mean?
Thank you very much for your help!!
Leslie
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pinenut
Joined: 16 Feb 2006
Posts: 165
Location: Illinois, U.S.A.
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| Posted: Wed Jan 27, 2010 6:09 am Post subject: Re: retreated on speculation/declined on speculation? |
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| In all three sentences, 'on something' is used to show the basis or reason for something and coveys the meaning similar to 'on account of' or 'because of'. |
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pugachevV
Joined: 16 Jan 2003
Posts: 2295
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| Posted: Wed Jan 27, 2010 12:22 pm Post subject: |
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| And in all three instances the price went down. |
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