NewsFeeder
06-07-2018, 08:44 PM
Asian shares seen slipping as risk sentiment sours, euro buoyant
Asian shares are set for a soft start on Friday as global risk appetite deteriorated on worries the European Central Bank was ready to start tapering its massive stimulus, although trade was expected to be cautious ahead of big diplomatic meetings. The ECB will debate next week whether to end bond purchases later this year, the bank's chief economist said on Wednesday, a hawkish message that sent the euro to a three-week top, hit emerging market currencies, and spurred demand for safe-haven bonds. Another reason for market nerves was the widening rift between the United States and its major trade partners after President Donald Trump imposed import tariffs on steel and aluminium imports last week.
https://finance.yahoo.com/news/asian-shares-seen-slipping-risk-001051017.html?.tsrc=rss
Asian shares are set for a soft start on Friday as global risk appetite deteriorated on worries the European Central Bank was ready to start tapering its massive stimulus, although trade was expected to be cautious ahead of big diplomatic meetings. The ECB will debate next week whether to end bond purchases later this year, the bank's chief economist said on Wednesday, a hawkish message that sent the euro to a three-week top, hit emerging market currencies, and spurred demand for safe-haven bonds. Another reason for market nerves was the widening rift between the United States and its major trade partners after President Donald Trump imposed import tariffs on steel and aluminium imports last week.
https://finance.yahoo.com/news/asian-shares-seen-slipping-risk-001051017.html?.tsrc=rss