Wednesday, 8 February 2017

Asia down, euro pressured on Trump, European political woes

Ripples Advisory Private Limited, Indore @9303093093

Asian shares dipped from four-month highs on Wednesday and the euro was pressured as lingering political and economic uncertainty in the United States and Europe sapped investor confidence. MSCI's broadest index of Asia-Pacific shares outside Japan ticked down 0.2 percent, slipping further from Monday's four-month high. 

South Korean shares fell 0.6 percent, leading the losses in early trade. Japan's Nikkei bounced back 0.3 percent a day after it hit a two-week low. On Wall Street, the S&P 500 ended barely higher while the Nasdaq managed to scratch out a new record as gains in big tech names countered energy declines.

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