Asian Stocks Struggle, Dollar Index Hovers At 3 Week Highs As Trade Anxiety Weighs - Dollar Advisory Services : Best Research Advisory Firm

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Monday, August 6, 2018

Asian Stocks Struggle, Dollar Index Hovers At 3 Week Highs As Trade Anxiety Weighs

Asian stocks wobbled on Tuesday as simmering worries over the U.S.-China trade conflict offset positive leads from earnings-led gains on Wall Street. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.05 percent. The index dipped early and struggled to gain traction amid volatility in Chinese stocks. The Shanghai Composite Index rose over 0.6 percent in early trade following a four-day losing run. It was last up 0.1 percent. Australian stocks dipped 0.25 percent, South Korea’s KOSPI rose 0.2 percent and Japan’s Nikkei added 0.25 percent.
The three major U.S. stock indexes closed higher on Monday amid a strong U.S. earnings season, with results from Berkshire Hathaway impressing and Facebook lifting the Nasdaq after a report it was planning new services. “Global markets are (being) buffeted by conflicting currents. For More Information Please Visit : www.dollaradvisory.com and Call : 9111179961

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