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Asian Shares, Yuan on Shaky Ground on Specter of Sino-U.S. Trade War


Wednesday, 4 July 2018 08:40 WIB

Saham Asia Indeks MSCI Asia Pasifik


c_740_198_16777215_00_images_assets_ASIA_6962shutterstock_310527668.jpg

Asian stocks were on shaky ground on Wednesday while the Chinese yuan stood near 11-month lows as the specter of a Sino-U.S. trade war haunted investors ahead of an end-of-week deadline for U.S. tariffs on billions of dollars worth of Chinese imports.

MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.1 percent in early trade, a day after it hit a nine-month low. Japan’s Nikkei lost 0.5 percent.

Wall Street dropped on Tuesday, giving up early gains in a truncated session ahead of the Independence Day holiday on Wednesday, while technology shares came under pressure just a day after their solid start for the quarter on Monday.

Source : Reuters


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