Asian Stocks Steady, Sentiment Bleak Before Brexit
Asian stocks were steady as anxious investors await the results of the United Kingdom's EU referendum. Fed Reserve Chair Janet Yellen's cautious comments on possible rate hikes also toned down the mood in financial market.
MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.1% while Japan's Nikkei dropped 0.7%. U.S. S&P Index rose 0.27% but was still under the 11-month high reached earlier this June. The Pound jumped as high as $1.4788 on Tuesday but slid back to $1.4667 during early Asian Trade. The Euro also dropped to $1.1250 compared to this week's peak of $1.1383 on Monday.
News are provided byInstaForex.