Asian stocks trod water on Wednesday as concerns over the outlook for global economic growth and the ongoing Sino-U.S. trade war kept investors away from riskier assets.
Stocks
- Britain’s FTSE losing 0.3 percent.
- Germany’s DAX slipping 0.2 percent.
- France’s CAC shedding 0.4 percent.
- MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.15 percent.
- The Shanghai Composite Index was last down 0.15 percent, having flitted in and out of the red.
- Australian stocks lost 0.25 percent and Japan’s Nikkei shed 0.1 percent.
Currencies
- The dollar rose 0.25 percent to 109.73 yen.
- The euro was a shade higher at $1.1368.
Commodities
- U.S. West Texas Intermediate (WTI) crude futures managed to crawl up 0.17 percent to $53.1 per barrel after shedding 1.9 percent the previous day.
- U.S. crude futures (CLc1) off 39 cents at $53.41.
Bonds
- 10-year yield slipping to 2.744 percent from Friday’s peak of 2.799 percent.
