HONG KONG: Asian markets fluctuated Tuesday as all eyes turned to the first presidential debate between battling US presidential candidates Donald Trump and Hillary Clinton. Tokyo followed the trend dropping 0.3 percent by the break, but had pared early losses as investors focused on the debate. The dollar also strengthened against the Japanese currency during the debate, buying 100.70 yen, from 100.38 yen in early trade. Angus Nicholson, a Melbourne-based market analyst at IG Ltd., told Bloomberg the shift could possibly be a result of Clinton doing well during the debate. Trading has been thin so what we’re seeing is mostly early-morning profit taking in Asia,” OANDA senior market analyst Jeffrey Halley told Agence France-Presse.

Source: Manila Times September 27, 2016 06:11 UTC