Asian shares trade sideways as investors await fresh cues
Updated : May 02, 2019 08:19 AM IST
MSCI's broadest index of Asia-Pacific shares outside Japan was off 0.1 percent, trading in a tight band. Australian shares slipped 0.7 percent while New Zealand was up 0.4 percent and South Korea's KOSPI index added 0.1 percent. E-Mini futures for the S&P 500 were unchanged.
Global equities markets have scaled new highs since the start of the year largely on expectations of easy monetary policies around the world while a positive tone on US-China trade negotiations has also aided sentiment.
The dollar index held at 97.631 against a basket of major currencies after going as high as 97.728 on Wednesday. It stood at 111.49 yen after consistently easing from a four-month high of 112.39 touched last week.
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