HONG KONG: Asian shares steadied on Friday after losses earlier in the week, but China jitters and global growth concerns weighed on investors' minds, while the dollar sat near a three-week high.
European shares also looked set to rise on opening with pan-region Euro Stoxx 50 futures up 0.61% and FTSE futures 0.41% higher.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.12% on Friday but was set to finish down 2.7% on the week, which would be its worst week in four.
"We're looking at a market that is nervous, though hasn't seen sentiment turn outright bearish," said Kyle Rodda, an analyst at IG markets.
"If you look for catalysts that could justify the next move to the upside in equities and risk assets, they are nowhere toRead More »
Wednesday, 26 July 2017 NEW YORK: A set of strong U.S. earnings reports lifted the S&P 500 stock index to a record closing high on Tuesday, while oil prices rallied on Saudi Arabia’s pledge to cut exports in August and copper hit a two-year high. The dollar edged up …Read More »