Asian markets fell Monday after last week's volatility, but the euro held on to gains thanks to healthy economic data and hopes that German Chancellor Angela Merkel is close to forming a government.
Investors ignored another strong lead from Wall Street, where the S&P 500 and Nasdaq chalked up fresh records on expectations of strong sales on Black Friday and Cyber Monday -- the two major post-Thanksgiving shopping days.
With little to drive buying on Monday, Asian profit-takers moved in, with eyes on the release of key data in major economies this week -- from China to the United States.
Shanghai slipped almost one percent, with dealers still on edge after Thursday's sharp losses fuelled by concern about a crackdown on speculative trading.
GMT 11:08 2017 Thursday ,21 December
Asian markets mostly down as tax cut euphoria wanesGMT 06:00 2017 Monday ,18 December
Asian markets jump as US tax cuts move step closerGMT 10:16 2017 Friday ,15 December
Asian markets down after Wall Street slips on tax reform fearsGMT 06:06 2017 Monday ,11 December
Asian traders extend global rally after US jobs data, eyes on FedGMT 06:58 2017 Monday ,04 December
Dollar rises on US tax-cut progress but Flynn deal spooks tradersMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor