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Asia Stocks Lower on Trade Concern; Pound Jumps: Markets Wrap
Shares declined across the region, with stocks in Japan and Hong Kong underperforming and U.S equity-index futures sliding as optimism on a trade breakthrough at the end of last week tempered after White House economic adviser Larry Kudlow downplayed the potential for a quick deal. The dollar steadied, while 10-year U.S. Treasury yields held gains from Friday’s strong jobs report. Politics, geopolitics and central banks will be the focus of the week for investors with the U.S. mid-term elections likely to dominate coverage early on, seen as a referendum on the policies of President Donald Trump.
https://finance.yahoo.com/news/asian-stocks-set-lower-open-222633663.html?.tsrc=rss
Shares declined across the region, with stocks in Japan and Hong Kong underperforming and U.S equity-index futures sliding as optimism on a trade breakthrough at the end of last week tempered after White House economic adviser Larry Kudlow downplayed the potential for a quick deal. The dollar steadied, while 10-year U.S. Treasury yields held gains from Friday’s strong jobs report. Politics, geopolitics and central banks will be the focus of the week for investors with the U.S. mid-term elections likely to dominate coverage early on, seen as a referendum on the policies of President Donald Trump.
https://finance.yahoo.com/news/asian-stocks-set-lower-open-222633663.html?.tsrc=rss
