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Asia stocks cautious on trade talks; euro under pressure

Updated : July 24, 2019 08:20 AM IST

Japan’s Nikkei added 0.4 percent in early trade, while Australian stocks rose 0.6 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.04 percent.
Stocks are just a whisker from all-time highs buoyed by expectations of a wave of policy stimulus by global central banks and a resulting sharp decline in bond yields.
Boris Johnson is set to become Britain’s new prime minister later on Wednesday, but investors are no clearer on whether he would lead the country to a no-deal exit or find a compromise.
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