Asia shares hold steady, Trump at Davos awaited

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SYDNEY (REUTERS) - Asian shares got off to a cautious start on Tuesday (Jan 21) lacking any lead from Wall Street and after the IMF shaved its outlook for world growth this year, though it did offer a brighter view on China.. Read more at straitstimes.com.

SYDNEY - Asian shares got off to a cautious start on Tuesday lacking any lead from Wall Street and after the IMF shaved its outlook for world growth this year, though it did offer a brighter view on China.Moves elsewhere were likewise modest, with Japan's Nikkei down 0.1 per cent and South Korea 0.04 per cent. E-Mini futures for the S&P 500 eased 0.05 per cent.

There was some relief US President Donald Trump and French President Emmanuel Macron seemed to have struck a truce over a proposed digital tax. With the US economy still outperforming its peers, the US dollar remained well supported albeit in quiet trade.

 

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