TOKYO — Asian shares were mixed in muted trading Tuesday, as buying in some markets was soon erased by profit-taking.
Analysts have been watching various global uncertainties, including in the Middle East and Russia, that affect energy prices as well as investor sentiments.In energy trading, benchmark U.S. crude fell 4 cents to $81.91 a barrel. Brent crude, the international standard, shed 6 cents to $86.69 a barrel.“Potential flares in oil prices on geopolitical tensions remained ever present,” said Tan Jing Yi at Mizuho Bank.
This week’s highlight for financial markets may be Friday’s report on U.S. consumer spending. It will also include the latest update on the measure of inflation that the Federal Reserve prefers to use. But U.S. markets will be closed in observance of Good Friday, and the bond market will close early on Thursday, which could bunch up trades in anticipation of the report.In currency trading, the U.S. dollar edged down to 151.34 Japanese yen from 151.41 yen. The euro cost $1.0854, up from $1.0840.
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