Asia shares slip as US earnings disappoint, dollar gains

Asia shares slip as US earnings disappoint, dollar gains
 

Asian shares flirted with three-week lows on Wednesday after a dour start to Wall Street's corporate earnings season knocked U.S. stocks, while the dollar and Treasury yields rose on growing expectations of a U.S. rate hike in December.
The British pound jumped back from lows in a volatile trading session though concerns about a "hard Brexit" are likely to keep the currency under pressure.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.4 percent while Japan's Nikkei futures JNMcm1 slipped 0.7 percent.
On Wall Street, U.S. S&P 500 Index .SPX... read more

 
12 October 2016 in Business, Views: 49
Source: Reuters
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