Asian shares pare gains as focus turns to crucial Sino-U.S. trade talks

Asian shares ticked up on Monday though they retreated from earlier highs as relief on news of a deal to reopen the U.S. government following a prolonged shutdown gave way to edginess before a key round of Sino-U.S. trade talks.

Stocks

  • E-Mini futures for the S&P 500 were last down 0.4 percent.
  • MSCI’s broadest index of Asia-Pacific shares outside Japan was almost flat.
  • China’s benchmark Shanghai Composite and Hong Kong’s Hang Seng lost almost 0.2 percent.
  • South Korea’s KOSPI was largely flat.
  • Japan’s Nikkei closed 0.6 percent lower.
  • The yield on benchmark 10-year Treasury notes edged down to 2.740 percent.

Currencies

  • The dollar nudged up 0.15 percent to 109.78 yen and on track to end the week little changed.
  • The euro crawled up 0.1 percent to $1.1321.
  • The pound was up 0.5 percent at $1.3127

Commodities

  •  U.S. crude oil futures were off 61 cents, or 1.1 percent, at $53.08 per barrel.
  • Brent crude futures were last down 63 cents, or 1 percent, at $61.01 a barrel.
  •  Spot gold was traded at $1,302.20 per ounce.

Source: Investing.com

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