Asian shares reversed gains on Monday, the yen ticked higher and gold jumped as ...
gave up early gains to drift away from a recent 13-month high after data showed the country's core machinery orders fell for a third straight month.That left MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS down 0.5%.
“Hong Kong protests have been dragging on for a while and the view from the financial world is that it’s really starting to bite now. The further this drags on it’s certainly going to be very negative.” In currencies, the Japanese yen gained on the dollar to 109.11 while the Australian dollar, a liquid gauge for risk, was off slightly at $0.6855.Market attention was also on the U.S.-China trade talks.
That was a more upbeat tone than just a few days earlier when he had stressed that the White House would not agree to a full rollback of existing tariffs, remarks that hit stock prices and the dollar.
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