Asian shares fell after Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind.
World shares fell and were set to end the wk in the red while the dollar climbed to a 7-mth high, as investors braced for a list of Chinese goods targeted in a first round of announced tariffs by US.
Asian shares wobbled as investors braced for US tariffs against China, euro flirted with two-week lows after a cautious ECB indicated it would not raise interest rates.
Asian shares eased after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening.
Asian shares slipped back as investors looked to the Federal Reserve policy decision later in the day and any clues it might give on future rate hikes.
Asian shares stepped back from a 2-1/2 month high as risk appetite soured on bets that Europe’s massive monetary stimulus was nearing an end.
Asian shares rose to a fresh 2-1/2-month high, supported by sound economic fundamentals, while expectations ECB could start to wind down its stimulus boosted the euro.
Asian shares rose to their highest level in 2-and-a-half-weeks as strong US jobs data offset worries that tariff wars between the US and the rest of the world could drag.
Asian shares fell and the euro slipped back to 6-1/2 month low, but a revival in diplomatic talks with North Korea and a retreat in oil prices.
World shares steadied and the dollar resumed its rise after a wobble caused by Trump’s decision to cancel a summit, though political risk put Italian markets on track for heavy weekly losses.
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