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04-19-2017, 07:40 PM
Asian stocks set for cautious start on weak U.S. cues
Asian stocks may slip for a second consecutive day on Thursday as a weak Wall Street and declining commodity prices, especially for oil, prompted investors to trim their exposure to risky assets. With the outcome of the French presidential elections due at the weekend, markets are set to trade in well worn trading ranges, barring any major data surprises in Asia. Centrist Emmanuel Macron clung on to his status as favorite to win France's presidential election in a four-way race that is too close to call, as the camp of far-right challenger Marine Le Pen ramped up its eurosceptic rhetoric in a row with Brussels.
Asian stocks set for cautious start on weak U.S. cues (http://finance.yahoo.com/news/asian-stocks-set-cautious-start-003920550.html?.tsrc=rss)
Asian stocks may slip for a second consecutive day on Thursday as a weak Wall Street and declining commodity prices, especially for oil, prompted investors to trim their exposure to risky assets. With the outcome of the French presidential elections due at the weekend, markets are set to trade in well worn trading ranges, barring any major data surprises in Asia. Centrist Emmanuel Macron clung on to his status as favorite to win France's presidential election in a four-way race that is too close to call, as the camp of far-right challenger Marine Le Pen ramped up its eurosceptic rhetoric in a row with Brussels.
Asian stocks set for cautious start on weak U.S. cues (http://finance.yahoo.com/news/asian-stocks-set-cautious-start-003920550.html?.tsrc=rss)