Thursday, 29 December 2016

Asia stocks slip, dollar underpinned by yield premium

For Equity and Commodity Market Trading view as :

Asian shares slipped on Thursday after Wall Street suffered a mild setback after weeks of gains, while the dollar stayed in demand as US government debt offered ever-fatter premiums over euro zone bonds. Japan's Nikkei lost 0.7 percent, edging away from its recent one-year top. Australia's main index eased 0.4 percent, having touched a 17-month peak the previous day. MSCI's broadest index of Asia-Pacific shares outside Japan was off a slight 0.1 percent.

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