Asian shares slip ahead of key U.S. inflation data


HONG KONG: Asian shares slipped and the dollar held firm on Friday as traders edged away from riskier assets amid renewed concerns about COVID-19 and ahead of key U.S. inflation data that could set direction on Federal Reserve rates.

MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.4% and Japan's Nikkei shed 0.5%.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Nikkei , MSCI , China Evergrande , S&P 500

   

Next In Business News

Trading ideas: Maxis, ITMAX, PIE, MFM, PPB Group, Epicon, NationGate, GIIB
S&P profit recovery revs up on Big Tech and strong consumer run
Good decision by EPF to give flexibility to members regarding Account 3
VW, Renault end talks to develop affordable EV
Bearish CPO fundamentals likely to persist
Texas braces for more summer electricity alerts
Global stock markets on record-hitting spree
Green economy push
April data confirm China’s economic recovery is still uneven
Solid backing for pursuit of cutting-edge growth

Others Also Read