Tuesday, 20 August 2019
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Asian Shares Win Reprieve as Trump Seen Delaying Auto Tariffs
Thursday, 16 May 2019 08:24 WIB | MARKET UPDATE |Saham Asia Indeks MSCI Asia Pasifik

Asian shares steadied on Thursday on news that U.S. President Donald Trump is planning to delay tariffs on auto imports, providing much needed relief to markets hit by a flare-up in trade tensions and on weak U.S. and Chinese economic data.

MSCI™s broadest index of Asia-Pacific shares outside Japan was flat, with both Australia and South Korea little changed.

Japan™s Nikkei fell 0.6%, with banks hurt by weak earnings.

On Wednesday, Wall Street shares extended their rebound, with the S&P 500 gaining 0.58% and the MSCI™s broadest gauge of world stocks bouncing back from a two-month low hit on Tuesday.

Source : Reuters

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