Asian shares fell on Monday after strong US jobs data tempered expectations for a Fed rate cut, while the Turkish lira hovered near two-week lows on worries about central bank independence. Asian shares were broadly weaker on Monday, tracking Wall Street which fell from record highs last week. MSCI’s broadest index of Asia-Pacific shares outside Japan lost more than 1%, with every market in the red. Japan’s Nikkei faltered 0.9%. Chinese shares started lower with the blue-chip index off 1.7% and Hong Kong’s Hang Seng index down 1.5%. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961Asian shares fell on Monday after strong US jobs data tempered expectations for a Fed rate cut, while the Turkish lira hovered near two-week lows on worries about central bank independence. Asian shares were broadly weaker on Monday, tracking Wall Street which fell from record highs last week. MSCI’s broadest index of Asia-Pacific shares outside Japan lost more than 1%, with every market in the red. Japan’s Nikkei faltered 0.9%. Chinese shares started lower with the blue-chip index off 1.7% and Hong Kong’s Hang Seng index down 1.5%. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961
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