Asian shares mixed on dollar, worries on Trump policies - News Summed Up

Asian shares mixed on dollar, worries on Trump policies


TOKYO (AP) " Asian shares were mixed Friday and the dollar recovered, but expectations grew that President-elect Donald Trump's trade policies might fuel inflation, even as some of the initial jitters have subsided. KEEPING SCORE: Hong Kong's Hang Seng index lost 1.3 percent to 22,538.51 and South Korea's Kospi fell 0.7 percent to 1,989.12. Japan's benchmark Nikkei 225 added 0.2 percent to finish at 17,374.79 after touching a half-year high in early trading as the yen fell against the dollar. BONDS: Investors have been pulling out of bonds in anticipation that Trump's policies could spur inflation and lead to higher interest rates, both of which are bad for bonds. That yield is a benchmark used to set interest rates on many kinds of loans including home mortgages.


Source: New Zealand Herald November 11, 2016 07:31 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */