Asian markets were mostly lower Friday following losses on Wall Street fuelled by anaemic US consumer spending, while the dollar and euro extended losses against the yen.
Investors were taking a breather ahead of the release next week of key economic data, including on global manufacturing activity, US jobs and Japanese business confidence.
In early trade Tokyo slipped 0.22 per cent, Seoul was 0.19 per cent lower, Shanghai eased 0.30 per cent and Hong Kong and Sydney were flat.
In New York the three main indexes ended lower after the government released figures showing consumer spending, which accounts for more than two-thirds of US economic activity, rose just 0.2 per cent in May after a flat April.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment