Asia stocks welcome trade talks, euro on defensive

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

Asian shares nudged higher on Wednesday amid hints of progress in the Sino-U.S. trade saga, while the dollar hit two-month highs on the euro as ...

SYDNEY: Asian shares on Wednesday gave a guarded welcome to hints of progress in the Sino-U.S. trade saga, while the dollar hit two-month highs on the euro as investors wagered on a dovish outcome from the European Central Bank's coming policy meeting.

The Dow had ended Tuesday up 0.65per cent, while the S&P 500 gained 0.68per cent and the Nasdaq 0.58per cent. In currencies, the dollar got a hand up from a deal to end the U.S. budget impasse, while the euro suffered a bout of nerves in case the ECB takes a more dovish turn. Sterling loitered at US$1.2433 having fallen for three sessions in a row as the outlook on Brexit got ever murkier.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia stocks cautious on trade talks; euro under pressureAsian shares nudged higher on Wednesday amid hints of progress in the Sino-U.S. trade saga, while the dollar hit two-month highs on the euro as ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Asian markets rise as earnings, trade hopes provide cheerAsian markets rose Tuesday, tracking gains on Wall Street with confidence given a boost by a positive earnings season and speculation top US and ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

European stocks tread water as oil gains on Gulf standoffLONDON: European stocks marked time near their opening levels in Europe and the US on Monday (Jul 22) after losses in Asia as traders readied for ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »