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Asia shares stumble on China headwinds; gold and bitcoin buoyant
Asia shares eased on Wednesday on the back of weakness in China, as investors brace for a tightly contested U.S. election that could have huge ramifications for the world's second-largest economy, even as Beijing tries to shore up growth. Gold rose to an all-time high as jitters over the close U.S. presidential race supported the yellow metal, while bitcoin also flirted with a record peak as markets weigh the prospect of a victory by Republican candidate Donald Trump. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.22% in early trade, tracking a decline in Chinese assets. The CSI300 blue-chip index ... (full story)
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- Posted: Oct 29, 2024 11:32pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,170
