Stocks in Asia Trade Mixed; Yuan Holds Gains
Wednesday, 6 November 2019 08:41 WIB |
MARKET UPDATE | Indeks MSCI Asia PasifikSaham Asia
Stocks in Asia traded mixed as investors weighed signs of improvement in U.S. economic data against conflicting news flow on Sino-American trade discussions. The yuan held Tuesday™s gain.
The MSCI Asia Pacific Index fell 0.1% as of 10:12 a.m. in Tokyo. Stocks were little changed in Tokyo, Seoul and Sydney. News that U.S. service industries expanded more than forecast in October triggered a brief equity rally on Wall Street, but pushed market pricing for another rate cut from the Federal Reserve further out. The S&P 500 Index closed marginally lower. Ten-year Treasury yields slipped.
Source : Bloomberg
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