Asia stocks inched up but remained near four-month lows on Monday amid concerns ...
TOKYO - Asia stocks inched up but remained near four-month lows on Monday amid concerns about U.S.-China tensions while the euro stayed in a narrow range after the weekend’s European Parliament elections.
European shares were expected to open modestly higher, with futures for Eurex EURO STOXX 50 index and Germany’s DAX ticking up 0.4 and 0.3 percent, respectively. The euro was a shade higher at $1.1209, holding within a tight $1.2272-$1.2754 range in what was a limited reaction to partial returns in the European parliament elections.
Macron’s Renaissance, built on the ruins of center-left and center-right parties, added to gains for liberals at the EU level as turnout bounced sharply across the bloc. Along with a surge for the Greens, that meant four groups occupying the pro-EU middle ground lost under 20 seats, securing 505 seats out of 751.
A centrist, pro-EU coalition would still be possible in the new chamber that will sit for the first time on July 2. But it would be more difficult to piece together among more numerous partners, according to the European Parliament’s estimates.“It’s difficult to foresee what will happen to Brexit, the political situation in Italy and elections in Greece just by looking at the vote count,” said Shin Kadota, senior strategist at Barclays in Tokyo.
China’s yuan rose to a 1-1/2-week high against the U.S. dollar on Monday, buoyed by a senior official’s warning not to bet against the Chinese currency.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Google complying with EU order in shopping case, says EU's VestagerGoogle is complying with an EU order to boost competition in online shopping, Eu...
Lire la suite »
Pro-EU Dutch parties see surprise gains in first results of EU electionDutch mainstream, EU-supporting political parties made gains in the first test o...
Lire la suite »
Asia shares slump to four-month low on risk of interminable trade warAsian shares broke support and caved to a four-month low on Thursday, as concern...
Lire la suite »
Asia shares hit four-month low on risk of endless trade warAsian shares broke support and caved to a four-month low on Thursday, as concern...
Lire la suite »
Asia feels chill from Sino-U.S. tech cold warAsian shares were stuck in the red on Thursday amid worries the Sino-U.S. trade ...
Lire la suite »
Oil traders try to ship dirty Russian crude to AsiaTrading companies Vitol and Unipec are sending around 700,000 tonnes of contamin...
Lire la suite »
Still fiercely-divided, Taiwan celebrates the first same-sex weddings in AsiaBeaming in the bright sunshine, Amber Wang took the hand of her new wife, Kristin Huang, on the steps of the Xinyi District office in Taipei, Friday, making history as one of the first same-sex couples to marry in Asia.
Lire la suite »
Asia stocks grapple with trade anxiety even as Huawei gets reprieveAsian stocks struggled for traction on Wednesday, as relief over Washington&039...
Lire la suite »
Opinion | Taiwan’s same-sex marriage law could change the debate in Asia foreverOpinion: Taiwan’s same-sex marriage law could change the debate in Asia forever
Lire la suite »
First In Asia: Marriage Equality Comes To TaiwanJust days after Taiwan's legislature passed a bill legalizing same-sex marriage for the 1st time anywhere in Asia, the tiny island nation is about to register the 1st gay and lesbian weddings in its history
Lire la suite »
Asia stocks higher following overnight Wall Street gainsShares in Asia were higher in Wednesday morning trade following a positive finish overnight on Wall Street, though trade tensions continued to linger between the U.S. and China.
Lire la suite »