Asia stocks off to slow start in earnings-rich week
- 5 months ago
Asian shares began slowly on Monday as the week brings economic data, central bank meetings and tech giants' earnings. MSCI's Asia-Pacific shares eased 0.1%, and futures from Nasdaq and S&P 500 edged 0.2% lower in anticipation of earnings announcements this week. BOJ meets at the end of the week, with the first meeting chaired by its new governor, Kazuo Ueda. The yen has steadily weakened against the euro in the past few weeks. The US House of Representatives might vote on a Republican plan to increase the debt ceiling by cutting expenditure in the coming week with weak tax receipts putting government at a risk of default.