Asian shares subdued, yen hits record low versus euro

Reported 11 months ago

Asian shares were subdued on Tuesday, with the yen hitting a record low against the euro, but intervention concerns limited its weakness against the U.S. dollar. Markets showed caution ahead of key U.S. data and upcoming political events. Asian shares saw mixed performance, with tech stocks sliding, while Chinese stocks and Hong Kong's Hang Seng rose slightly. The dollar remained flat, while the yen weakened against major currencies, with the euro reaching a record high. Market focus includes U.S. inflation data and Fed rate cut expectations.

Source: YAHOO

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