Shares in Asia down in cautious trade as U.S. returns from long weekend

Commodities & Futures – Asian shares eased on Tuesday with China and Hong Kong shut for holidays and investors on the sidelines ahead of the open of the U.S. after a long-holiday weekend.

225 shed 0.47% though Toshiba shares were marginally higher, edging higher by 0.08%% following news that Western Digital (NASDAQ:) could join a consortium involving a Japanese state-backed fund and KKR & Co.

Japan reported household spending figures for April rose 0.5%, compared with a 1.1% gain seen and down 1.4%, compared with a 0.7% decline seen . As well, jobs data showed steady at 2.8% and rose a more than expected 3.2%.

In Australia, the declined 0.29%. In Australia, jumped 4.4%, well above the 3.0% month-on-month gain expected for April. South Korea’s benchmark Kospi index reversed early gains to fall 0.58% after markeing seven straight closing gains.

U.S., U.K. and China markets were shut on Monday.

Disclaimer:Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Let’s block ads! (Why?)

Commodities & Futures News

Leave a Reply

Your email address will not be published. Required fields are marked *