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On Monday, Asian stocks were mixed with China markets unavailable for a holiday as well as regional data not providing a clear direction for financial markets.
The S&P/ASX 200 headed south 0.25%.
Australian coal haulage group Aurizon Holdings reported that damage from Cyclone Debbie in Queensland could cover some rail lines employed by miners. Stocks of Aurizon Holdings dipped 0.38%, BHP Billiton sank 0.12%.
Japan's Nikkei 225 rallied 0.36%.
On Monday, financial markets in Shanghai are unavailable for a holiday.
The previous week, American shares closed lower, as a raft of mostly negative economic reports applies pressure on upside momentum and financials lagged.
During the last day of the month, the Dow concluded the trading session in negative territory and the benchmark suffered its first monthly loss since October, right after the latest batch of economic news disclosed a slowdown in personal spending as well as consumer sentiment.
On Tuesday, Asian equities declined, extending steep losses on Wall Street because technology companies bore the brunt of fears about decreasing demand, while the evergreen buck dipped after poor American data further affected confidence in the US dollar…
On Monday, American futures generally declined because Apple equities were affected by fears of decelerating demand for iPhones, and new signals of a potential escalation in the China-US trade conflict also contributed to market jitters…
On Monday, European equities rallied because signs of a receding US-China trade clash spurred mining as well as technology equities…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
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…
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