Asia stocks off to cautious start Monday, US$ nurses scars

  • 📰 staronline
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 75%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

SYDNEY: Asian shares and the dollar made a cautious start to the new month on Monday as U.S. lawmakers struggled to hammer out a new stimulus plan and a global surge of new coronavirus cases showed no sign of abating.

MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2%, though that was from a six-month top. Japan's Nikkei added 1.1% courtesy of a pullback in the yen, while South Korea shares eased 0.3%.Investors were nervous at the lack of a new stimulus package in the United States with White House Chief of Staff Mark Meadows not optimistic on reaching agreement soon on a deal.

Strong results from tech giants helped the S&P 500 climb 5.5% last month, while the NASDAQ rose 6.8%. Other sectors, however, did not fair nearly as well as many states rowed back on opening their economies in the face of surging infections. Much will depend on what key data show this week including the ISM survey of manufacturing later on Monday and the crucial payrolls report on Friday.

That took a heavy toll on the U.S. dollar which suffered its worst monthly drubbing in a decade in July even after rallying on Friday as bears took profits on crowded short positions. It had bounced in part when Japanese Finance Minister Taro Aso described the yen's recent rise as"rapid", signalling concern that a strong currency could add pain to an export-led economy already in recession.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 4. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Asia stocks off to cautious start, dollar nurses scars | Malay MailSYDNEY, Aug 3 — Asian shares and the dollar made a cautious start to the new month on Monday as US lawmakers struggled to hammer out a new stimulus plan and a global surge of new coronavirus cases showed no sign of abating. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.2...
Fonte: malaymail - 🏆 1. / 86 Consulte Mais informação »

Asia stocks cautiously mixed, dollar tries to bounceSYDNEY: Asian share markets turned mixed on Monday as U.S. lawmakers struggled to hammer out a new stimulus plan amid a global surge of new coronaviru...
Fonte: theSundaily - 🏆 25. / 51 Consulte Mais informação »

Asia stocks off to cautious start, dollar nurses scars | Malay MailSYDNEY, Aug 3 — Asian shares and the dollar made a cautious start to the new month on Monday as US lawmakers struggled to hammer out a new stimulus plan and a global surge of new coronavirus cases showed no sign of abating. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.2...
Fonte: malaymail - 🏆 1. / 86 Consulte Mais informação »