Jan
27
Asia Stocks Start Week Mixed, Yen Edges Higher: Markets Wrap
By-
U.S. shares closed higher Friday on deal to end U.S. shutdown
- Busy week ahead with trade talks and Fed meeting in focus
Asian stocks were mixed on Monday at the start of a crucial week for global trade and a policy meeting of the Federal Reserve.
While the MSCI Asia Pacific Index headed toward an eight-week high, fewer than half of the benchmark’s stocks were up on the day. China and Hong Kong shares led the region, Japan saw modest losses, U.S. futures dipped and Australia’s markets were shut for a holiday. Shares on Wall Street finished the week higher Friday on corporate earnings and a reopening — for now — of the federal government. Oil fell as traders assessed the implications of political turmoil in Venezuela, a major exporter. Treasury yields edged lower and the yen climbed…
Asia Stocks Start Week Mixed, Yen Edges Higher: Markets Wrap
