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On Monday, Asian stocks handed back earlier modest revenues and descended, running short of incentives to push past two-year peaks, with many major markets unviable for holidays.
Meanwhile, the British pound nursed losses after a survey demonstrated a shocking lead for Prime Minister Theresa May's party in the UK’s approaching elections.
Outside Japan MSCI's broadest index of Asia-Pacific stocks slumped 0.2%.
Japan's Nikkei N225 gained 0.1%, while weaker commodities suppressed Australian stocks, making them lose 0.5%. On Monday, the closure of British, Chinese and American markets on Monday deprived market participants of potential catalysts and kept trading tamed.
Reacting to North Korean missile launch, KOSPI initially touched an intraday record peak in South Korea before rebounding 0.1%.
Versus a basket of key currencies, the dollar index stood still, sticking to 97.465, having ascended on Friday due to positive American GDP data.
On Friday, Asian stocks were quite mixed, while the evergreen buck kept to two-year maximums on rumors that later in the day figures will indicate the American economy has managed to outperform the rest of the developed world…
On Thursday, American shares were suppressed by dismal earnings from industrial businesses, in particular, 3M…
On Thursday, European stocks declined after a mixed pack of earnings from the region as well as worries for the euro zone economy resurfaced following a dismal German sentiment poll yesterday…
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On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
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