Asia Markets Mixed As Geopolitical Tensions Linger - Dollar Advisory Financial Services

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Friday 21 June 2019

Asia Markets Mixed As Geopolitical Tensions Linger

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Stocks in Asia were mixed in Friday morning trade. Meanwhile, tensions in the Middle East continued to heat up. Mainland Chinese stocks rose in early trade, with the Shanghai Composite up 0.44% and Shenzhen component adding 0.9%. The Shenzhen composite also advanced 0.957%. The U.S. Federal Reserve kept interested rates steady on Wednesday but opened the door for a possible rate cut in the future. Following that, the yield on the benchmark 10-year Treasury fell below 2% for the first time since November 2016.

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