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2024-07-01 07:19:51

Tech Geek on Nostr: Asia stocks stutter, euro rises after first round vote in France ...

Asia stocks stutter, euro rises after first round vote in France

Asian stocks were subdued on Monday as traders pondered the U.S rates outlook, while the euro rose after the first-round voting in France's shock snap election was won by the far-right, albeit with a smaller share than some polls had projected.

On Monday, the euro was 0.32% higher, while European stock futures rose 1% and French OAT bond futures gained 0.15% as investors digested the better than feared results, although uncertainty remained.

"In Asia, the MSCI's broadest index of Asia-Pacific shares outside Japan was 0.07% higher, to kick off the second half of the year having risen 7% so far in 2024. Japan's Nikkei rose 0.57%.China stocks eased, with blue-stocks down 0.45%. Hong Kong's Hang Seng Index was flat.

The euro touched a more than two week high of $1.076175 in early Asian hours, pushing the dollar index , which measures the U.S. unit against six rivals, a touch lower at 105.59. [continue readin>>>]
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