January 5, 2025
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Economy

Asian shares will fall after a difficult day on Wall Street

Asian stock indexes opened lower on Friday after U.S. stocks fell for a fifth straight day, underscoring Wall Street’s cautious start to the year.”, — write: epravda.com.ua

Asian stock indexes opened lower on Friday after U.S. stocks fell for a fifth straight day, underscoring Wall Street’s cautious start to the year. Bloomberg writes about it. Stock futures in Australia and Hong Kong fell, following New York trading. Nikkei futures also fell, although the Japanese stock exchange is closed for the weekend. The dollar strengthened for a seventh session and hit a new two-year high, while the yen weakened against the greenback for a third straight day on Thursday.Advertisement: Australian and New Zealand government bond yields were steady, reflecting muted moves in Treasury yields amid choppy trade. Sentiment was subdued in Asia, with Chinese stocks the worst performers as data pointed to a slowing economy and traders expected potentially higher tariffs. MSCI Inc. Asia Stock Index falls on the third day out of the last four.

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