SHANGHAI - Asian shares were flat and U.S. Treasury yields pulled back on Friday as investor caution prevailed ahead of the release of first-quarter corporate earnings, although stronger U.S. economic data helped offset some concerns about global growth.
Higher Chinese iron ore prices helped Australian shares outpace regional markets, pushing Australia’s S&P/ASX 200 index up 0.7 percent.The weak gains in Asian markets followed a choppy session on Wall Street that left major indexes treading water, hemmed in by anxiety ahead of corporate earnings and worries about a global economic slowdown, which capped gains from upbeat U.S. economic data.
Comments from U.S. Federal Reserve Vice Chairman Richard Clarida that the U.S. economy is in a “good place” but reemphasizing the Fed’s patience on rate hikes, also helped to reassure investors. Underscoring ongoing threats to the health of the global economy, IMF Deputy Managing Director Mitsuhiro Furusawa warned that a bigger-than-expected slowdown in China’s economy remains a key risk to global growth.
In currency markets, the dollar was up less than 0.1 percent against the yen at 111.73, while the euro gained 0.27 percent on the day to buy $1.1280.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia shares hug weekly gains, wait on U.S. jobs testAsian share markets consolidated their weekly gains on Friday as Sino-U.S. talks... hug looks like my rig. So let me say that one should never cool one's Tower without the excellent product and customer service of Noctua_at . It's like xsplit, but with people who care about the product they put out. And with a quality product of course, that has no equal. Biden shares?
Source: Reuters - 🏆 2. / 97 Read more »
Asian stocks retreat from eight-month high as Trump opens new trade war frontAsian shares slipped from eight-month highs on Wednesday as the International Mo... Then, the EU could allow a softer Brexit...
Source: Reuters - 🏆 2. / 97 Read more »
Growth woes, trade tension douse rally in Asian sharesAsian stocks stepped back from near eight-month highs on Thursday and the dollar...
Source: Reuters - 🏆 2. / 97 Read more »
Salman Khalifa re-elected unopposed as head of Asian footballSalman Khalifa re-elected unopposed as president of Asian Football Confederation after the regional body’s congress confirmed a new four-year term for the Bahraini by acclamation
Source: trtworld - 🏆 101. / 63 Read more »
Fitch says 737 Max grounding to hurt Asian airline industry more in second quarterFitch Ratings said on Friday the impact on the airline industry in Asia from the... It sounds like Mr. Fitch Rating is choosing to be cautious. 😉
Source: Reuters - 🏆 2. / 97 Read more »
Asian governments are trying to curb fake newsA bill in Singapore's parliament could become one of the world's most far-reaching laws on fake news military telling us how to think? They are already in direct violation of natural rights in arming themselves and preparing to hurt others. Most fallacious humans of all with zero logic sense and moral judgement. He's right. Well..is nothing sacred anymore Fake News, Amen!!
Source: TheEconomist - 🏆 6. / 92 Read more »
Asian shares slip from eight-month peak as U.S. opens new front in trade warAsian shares stepped back from eight-month highs on Wednesday as the IMF lowered...
Source: Reuters - 🏆 2. / 97 Read more »
Growth woes douse rally in Asian shares, dollar slipsAsian stocks stepped back from near eight-month highs on Thursday and the dollar...
Source: Reuters - 🏆 2. / 97 Read more »
Asian shares pause near eight-month high, dollar weakensAsian stocks held near eight-month highs on Thursday and the dollar slipped agai... AbdulRashid Hashmi Qureshi 03154671429
Source: Reuters - 🏆 2. / 97 Read more »
Sheikh Salman retains place at helm of Asian footballSheikh Salman bin Ebrahim Al Khalifa was re-elected unopposed to the position as...
Source: Reuters - 🏆 2. / 97 Read more »