Asia Markets: struggle for gains despite strong US earnings

Asia Pacific shares gave up early gains on Thursday despite strong quarterly earnings in the U.S. and after the U.K. government won a parliamentary confidence vote. Worries over China likely weighed on market sentiment.


  • MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) up a slight 0.2 percent
  • Japan’s Nikkei (N225) was almost flat.
  • S&P 500 (ESc1) drifted down 0.26 percent.
  • China’s blue chip index (CSI300) recouped early losses to gain 0.4 percent.


  • The U.S. dollar was otherwise mixed, easing a touch on the yen to 108.98.
  • Euro traded at $1.1386 (EUR=).
  • The dollar index was up a fraction at 96.162 (DXY).


  • Spot gold was little changed at $1,294.91 per ounce.
  • U.S. crude futures (CLc1) fell 30 cents to $52.01 per barrel.
  • Brent slipped 28 cents to $61.04.

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