The Traderszone Network

Published in TZ Latest News 23 June, 2014 by The TZ Newswire Staff

Asian shares muted, currencies in well-worn ranges

Asian shares were subdued on Tuesday while major currencies kept to recent snug ranges after a surprisingly soft reading on euro zone manufacturing took the shine off better data from China, Japan and the United States. Moves were marginal as markets slipped into something of a summer lull and MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was just a fraction firmer. Japan’s Nikkei .N225 eased 0.6 percent while South Korea .KS11 added 0.3 percent. So there was relief that readings from the United States, China and Japan all rose strongly in the month.