Asian stock markets were mostly lower on Tuesday. In Japan, the rate of decline was around one percent and in South Korea two percent. Taiwan’s stock market was slightly down. Hong Kong’s Hang Seng index swam against the tide, up 1.5 percent. Among other things, the 7.5 percent increase gave momentum Tencent.
Asian markets take a breather after a frenzied AI-led rally as stalled talks between the US and Iran give investors a clear excuse to lock in profits near record levels, said Vantage Global Priming analyst Hebe Chen Bloombergille.
The dollar had weakened by 0.1 percent against the pound and the euro. The dollar/yen ratio remained close to the previous level.
You got $1.16 per euro. The dollar gave 159.72 yen.
The future of the Euro Stoxx 50 index is up by half a percent, which anticipates a bullish opening in Europe.
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