Business Maverick: Global shares steady, investors pin hopes on U.S.-China talks

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 84%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Business Maverick: Global shares steady, investors pin hopes on U.S.-China talks By Reutersreuters

Japan’s Nikkei rose 0.6% while MSCI’s broadest index of Asia-Pacific shares outside Japan inched up 0.11%.

“Whether it was a fake news or not, it is becoming harder to know exactly what the U.S. administration will be doing,” said Takashi Hiroki, chief strategist at Monex Securities. “While we ought not to have preconception, for Trump, not having made a deal with China could be increasingly seen as negative ahead of the election next year,” said Tomoo Kinoshita, chief global strategist at Invesco Asset Management in Tokyo.

The Australian dollar fetched $0.6755, near three-week low of $0.6739 touched last month ahead of a likely rate cut by the Reserve Bank of Australia later in the day.

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:

 /  🏆 3. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Alleged Isis 'mastermind' in Durban allowed to travel to China for businessA man accused of terrorist-related activities in Durban and having links to the Islamic State has had his bail conditions relaxed, allowing him to travel out of the country.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

STEPHEN CRANSTON: Global survey reveals SA average investment management feesMorningstar says in emerging markets, only Thailand gets a better rating than SA
Source: BDliveSA - 🏆 12. / 63 Read more »