Asian shares descend on US strikes on Syria

Asian shares descend on US strikes on Syria

On Friday, Asian shares dipped, while the Japanese yen soared in Asia after the recent US missile strikes on A Syrian air base, thus escalating the conflict and spooking traders worldwide.

The response turned to be immediate with the greenback sagging over half a yen in currency markets. As for gold, sovereign bonds and crude, they surged hard.

Outside Japan MSCI's broadest index of Asia-Pacific stocks lost 0.5% in short order, while the S&P 500 futures slid 0.3%.

The US military launched cruise missile strikes, responding to a recent chemical attack in a rebel-held area, as a US official informed.

Experiencing his biggest foreign policy crisis since taking office, Donald Trump took the toughest direct American action in Syria for six years, thus increasing the risk of confrontation with Iran and Russia, Assad's two major military backers.

Meanwhile, American crude ascended 85 cents, hitting $52.55 a barrel, while Brent futures surged 81 cents, trading at $55.66.

 

Similar

American equities slump

On Thursday, American equities headed south due to the fact that gloomy earnings reports from industrials backed fears about soaring expenses as well as the impact of levies, contributing to worries over higher borrowing costs after hawkish remarks from…

American equities inch down

On Wednesday, American equities lost in their value in rather a choppy trading session, unable to proceed with their surge from the previous trading marathon because IBM snapped a run of firm blue-chips profits and gloomy housing data suppressed Home…

Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera