Asia Stocks Brush Off Wall Street Slide After Trump’s Comments, Dollar Sulks

Asian stocks edged up on Thursday, shaking off the risk aversion that gripped financial markets overnight after U.S. President Donald Trump’s threat to shut down the government, though the dollar remained sluggish. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.15 percent in early trade.
Japan’s Nikkei pulled back 0.25 percent on a stronger yen. Overnight, U.S. stock indexes closed between 0.3 percent and 0.4 percent lower.

In commodities, oil prices were steady and retained most of their recent gains made after U.S. crude inventories declined for the eighth straight week.
US crude was little changed at $48.39 a barrel, after rising 2.2 percent over the previous two sessions. Global benchmark Brent was also flat at $52.59, after climbing 1.8 percent in the past two days. Gold was also steady at $1,289.69 an ounce, retaining Wednesday’s 0.4 percent jump. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774