Asian Stocks Head Lower at Open; Dollar Steadies: Markets Wrap

Asian equities fell at the open Tuesday as traders awaited central bank meetings amid expectations of dovish signals to monetary policy. The dollar was steady after recent declines. Stocks dropped in Tokyo, Sydney and Seoul. Futures pointed to a flat start to trading in Hong Kong. U.S. equity futures were flat after American stocks posted modest gains Monday that were enough to see benchmarks reach a five-month high. The British pound stayed lower after the speaker of Parliament blocked another vote on Prime Minister Theresa May’s current Brexit plan. The yield on 10-year Treasuries hovered around 2.6 percent. Read More @ https://www.bloomberg.com//news/articles/2019-03-18/asian-stocks-set-for-muted-start-dollar-slips-markets-wrap?srnd=markets-vp

WHAT IS THE PSEi CHART SAYING?

Asian shares steady ahead of Fed meeting; May’s Brexit deal in chaos

Asian shares treaded water on Tuesday ahead of a U.S. Federal Reserve policy meeting, hovering near six-month highs, while sterling was choppy as the speaker of Britain’s parliament banned another vote on same Brexit deal. Read More @ https://www.reuters.com/article/us-global-markets/asian-shares-steady-ahead-of-fed-meeting-mays-brexit-deal-in-chaos-idUSKCN1R0031?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29

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