Asian shares fall, brace for bruising US presidential debate - News Summed Up

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Asian shares fall, brace for bruising US presidential debate


Still, the S&P 500 managed to record its best weekly performance in more than two months after the US Federal Reserve held interest rates steady on Wednesday.Monday evening's showdown between Trump and Clinton (0100 GMT in Asia on Tuesday) is the first of three debates. It could set US television audience records and will also be watched around the globe. "There won't likely be any outcome affecting the Japanese market directly, but investors are watching how the currency markets will move. Anything triggering fears for a strong yen trend is negative to stocks," said Takuya Takahashi, a strategist at Daiwa Securities.Clinton will press Trump to provide more specifics on his policies, two top Clinton campaign aides said. Asian investors in particular will be looking for more comments from both candidates about their positions on free trade deals.The dollar slipped 0.2 per cent to 100.86 yen, moving back toward a one-month low of 100.100 touched last week.


Source: Economic Times September 26, 2016 08:19 UTC



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