Reported 8 months ago
Asian equities took a breather with the MSCI Asia Pacific Index falling 0.4% after a holiday in the US, while offshore yuan weakened to the lowest point this year. Traders are searching for new catalysts following a rally, with shares in Japan falling the most, Hong Kong shares fluctuating, and the People’s Bank of China weakening the yuan. Other market movements include a rise in US Treasury and Australian bond yields, New Zealand's economy exiting a recession, oil steadying, and gold edging higher.
Source: YAHOO