LONDON: European shares edged lower on Tuesday as talk of progress in China-U.S. trade talks was offset by mixed corporate earnings, while sterling retreated ahead of another vote on Brexit.
In Switzerland, drugmaker Novartis raised its 2019 target and reported better-than-expected revenue, while Apple supplier AMS climbed 6per cent as demand from smartphone makers boosted operating profit. MSCI's broadest index of Asia-Pacific shares outside Japan added a modest 0.4per cent, with a holiday in Tokyo keeping turnover light.
Meanwhile, euro zone government bonds dipped before votes in Britain's parliament crucial to determining whether the country can leave the EU in an orderly way at the end of the month.
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European stocks mostly dip amid Brexit saga[LONDON] Europe's main stock markets mainly fell in opening deals on Tuesday, ahead of parliamentary votes on British Prime Minister Boris Johnson's withdrawal agreement bill. Read more at The Business Times.
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Tokyo stocks close higher with eyes on earnings[TOKYO] Tokyo stocks closed higher on Monday after British Prime Minister Boris Johnson's latest failure to break the Brexit deadlock, with focus shifting to Japanese corporate earnings season starting this week. Read more at The Business Times.
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Source: BusinessTimes - 🏆 15. / 51 Read more »