Asian shares stay near nine-month lows as trade frictions weigh



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SHANGHAI (Reuters) – Asian shares still lingering on the face of global sentiment, sentiment, sentiment, sentiment, sentiment, sentiment, and sentiment .

FILE PHOTO: A man looks at a mobile phone in front of an electronic board showing Japan's Nikkei average outside a brokerage in Tokyo, Japan, March 23, 2018. REUTERS / Toru Hanai

MSCI's broadest index of Asia-Pacific shares outside Japan was flat, Australian shares were 0.1 percent higher, while Japan's Nikkei stock index was down 0.2 percent.

Stocks on Wall Street posted small gains on Thursday, helped by financial and technology shares, but broader market sentiment remained subdued on the lingering of the U.S.-driven trade tensions.

The Dow Jones Industrial Average rose 98.46 points, 0.41 percent gold, 24.216.05, the S & P 500 gained 16.68 points, 0.62 percent gold, 2.716.31, and the Nasdaq Composite added 58.60 points, or 0.79 percent, to 7,503.68.

On Thursday evening, China released details of a long-term easing on foreign investment banking, automotive, heavy industry and agriculture, as it moved to its domestic markets.

In addition to confirming already announced, it will be necessary to establish a new position in China, and will be in charge of it. breeding of crops, excluding wheat and corn.

The U.S. dollar index, which measures the greenback against a basket of six currencies, pulled back from near one-year highs to 95.253. The currency has risen in recent weeks, by the US Federal Reserve, and expectations of more hikes this year.

The dollar was mainly flat against the yen, at 110.43. The euro was also flat on the day at $ 1.1571.

Trade wars and emerging markets "fragility stand at the forefront of investor concerns," Citi analysts said in a note Friday.

The yield on benchmark 10-year Treasury notes fell slightly to 2.8419 percent compared with its U.S. close of 2.847 percent on Thursday, as investors have been picked up safe-haven assets.

The two-year yield, which is higher than the US, was 2.5161 percent compared with a US close of 2.52 percent.

Oil prices stepped back from the three-and-a-half-year highs on Thursday over whether U.S. sanctions could sharply cut crude exports from Iran.

U.S. crude oil production, production and production disruption in Canada after oil production.

U.S. crude dipped 0.1 perccent to $ 73.38 a barrel. Brent crude was also 0.1 percent lower at $ 77.79 per barrel. In the meantime, the most important investment in safe haven investments, the gold rests near six-month lows, weighed down by trade worries, interest rate expectations and the strong dollar.

On Friday, gold was trading slightly higher at $ 1248.56 per ounce. [GOL/]

Reporting by Andrew Galbraith; Editing by Simon Cameron-Moore

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