Asian shares fall, yen and yuan near 8-month lows on rate risks
* Yuan eases despite PBOC's firmer-than-expected guidance * Yen pressured after Ueda contrasted with Powell, Lagarde * Europe set for lower open, U.S. futures up slightly ...
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* Yuan eases despite PBOC's firmer-than-expected guidance * Yen pressured after Ueda contrasted with Powell, Lagarde * Europe set for lower open, U.S. futures up slightly ...
Asian shares were sudued on Thursday after global central banks reaffirmed their inflation-fighting resolve, warning rates may need to rise further, while the yen and the Chinese yuan struggled to lift from lows amid fears of official intervention. MSCI's broadest index of Asia-Pacific shares outside Japan was flat, while markets in Singapore, India and Malaysia are closed for holidays. Chinese blue chips slid 0.3% and Hong Kong's Hang Seng index fell 0.7%.
MSCI’s broadest index of Asia-Pacific shares outside Japan was flat, while markets in Singapore, India and Malaysia are closed for holidays. Chinese blue chips slid 0.3% and Hong Kong’s Hang Seng index fell 0.7%.
* Europe shares opens flat, U.S. futures up slightly * Yuan eases despite PBOC's firmer-than-expected guidance * Yen pressured after Ueda contrasted with Powell, Lagarde ...
Traders’ attention continued to swing between the battle to lower inflation and speculation about currency market intervention in China and Japan