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Asian shares catch gloomy mood from Wall Street
Asian shares edged down in early trading on Friday, on track for a weekly loss, while U.S. jobs data underpinned the dollar as it bolstered bets that the U.S. Federal Reserve is on track to hike interest rates later this year. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down about 0.2 percent in early trading, on course for a weekly loss over 1 percent. Japan's Nikkei stock index .N225 dipped 0.3 percent. On tap for investors is the Markit Flash China Manufacturing Purchasing Managers' Index (PMI), which will provide the latest clue to the health of the world's second-largest economy. "The ... (full story)
Source: reuters.com
Asian shares edged down in early trading on Friday, on track for a weekly loss, while U.S. jobs data underpinned the dollar as it bolstered bets that the U.S. Federal Reserve is on track to hike interest rates later this year. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down about 0.2 percent in early trading, on course for a weekly loss over 1 percent. Japan's Nikkei stock index .N225 dipped 0.3 percent. On tap for investors is the Markit Flash China Manufacturing Purchasing Managers' Index (PMI), which will provide the latest clue to the health of the world's second-largest economy. "The ... (full story)
Source: reuters.com
