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Asian Stocks Drop With U.S. Futures; Lira Climbs

From bloombergquint.com

Asian stocks fell with U.S. equity-index futures and the yen advanced as investors assessed prospects for continuing trade tensions between U.S. and China. Turkey’s lira climbed after Recep Tayyip Erdogan claimed victory in the weekend’s election. Japanese stocks turned lower as the yen advanced, and shares also declined in South Korea and Australia in wake of reports the Trump administration is preparing new curbs on Chinese investments. China’s shares swung between gains and losses and its currency weakened after its announcement Sunday it would free up more than $100 billion in the banking system to help cushion a ... (full story)

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  • Category: Fundamental Analysis