Asia shares down, euro pressured on Trump, European political woesAsian shares dipped from four-month highs on Wednesday and the euro was pressured as lingering political and economic uncertainty in the United States and Europe sapped investor confidence. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS ticked down 0.2 percent, slipping further from Monday's four-month high. But without details of Trump's economic policies, it is hard to become bullish," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui Asset Management. The dollar has been steadily declining against the yen since Trump signaled displeasure with Japan's currency stance on Jan. 31. The U.S. currency traded at 112.35 yen JPY=, having fallen to 111.59 yen on Tuesday, its lowest since late November.

Source: VietNamNet News February 08, 2017 03:42 UTC