Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world's largest corporations, while keeping a wary eye on US bond yields as they approach peaks that have triggered market spasms in the past. Traders were also anxiously awaiting surveys on global manufacturing for April to see if economic softness in the first quarter was just a passing phase linked to poor weather and the Lunar New Year holidays.
Oil prices edged down in early trade but were not far from their highest since late 2014. The market had wobbled on Friday when Trump tweeted criticism of OPEC's role in pushing up global prices, but quickly steadied. Brent crude oil futures were off 9 cents at $73.97 per barrel, while US crude eased 19 cents to $68.21. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774
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