Thursday 8 June 2017

Asian shares down ahead of Comey, ECB and UK election


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Asian shares wobbled in early Thursday trade as investors braced for any surprises from former FBI director James Comey's congressional appearance, the European Central Bank's policy meeting and the UK general elections.

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.27 percent while Japan's Nikkei rose 0.3 percent thanks to the dollar's rebound against the yen.

Wall Street shares ticked up on Wednesday, despite sharp decline in energy prices, after written testimony from Comey did not add major revelations about an investigation into Russian meddling with last year's U.S. presidential election.

The 10-year U.S. Treasuries yield ticked up to 2.185 percent after having fallen to a seven-month low of 2.129 percent on Tuesday.

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