Asian shares edge down as tariff deadline hems bets

Asian equity markets eased slightly on Tuesday, tracking Wall Street declines as investors fretted over a Dec. 15 deadline for the next round of U.S. tariffs on Chinese imports to take effect.

Asian Shares

  • Asian shares outside Japan was 0.17% lower, with China’s benchmark Shanghai Composite index off 0.08%.
  • Australian shares were off 0.34%, while Japan’s Nikkei was down 0.08%.
  • The Dow Jones Industrial Average fell 0.38% to 27,909.6.
  • The S&P 500 lost 0.32% to 3,135.96 and the Nasdaq Composite dropped 0.4% to 8,621.83.


  • The U.S. two-year yield, watched as a sign of market expectations of Fed fund rates, was at 1.6152%, down from its close of 1.627% on Monday.
  • The 10-year Treasury yield was at 1.8138% from a U.S. close of 1.831% on Monday.

Currency Markets

  • Sterling, which hit its highest level against the dollar since April on Monday at $1.3180, added 0.08% to buy $1.3153.
  • The dollar rose 0.05% against the yen to 108.60 and the euro was up 0.03% at $1.1065.
  • The dollar index, which tracks the U.S. currency against a basket of six major rivals, was down 0.02% at 97.629.


  • Global benchmark Brent crude fell 0.12% to $64.17 a barrel.
  • U.S. West Texas Intermediate crude dipped 0.15% to $58.93 a barrel.
  • Gold was a touch higher on the spot market, fetching $1,462.34 per ounce.


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