The dollar nursed losses against the yen and euro on Monday following a surprise breakdown in U.S. debt ceiling negotiations and after Fed chair Jerome Powell indicated a preference to slow rate hikes. The greenback slipped 0.15% to 137.715 yen at the start of the week, having snapped a six-day winning streak on Friday and pulling back from a six-month peak. The euro added 0.14% to $1.0822.
Open FlipMSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4% early Tuesday. The index is down 1.3% so far this month. Australian shares were up 0.03% while the Nikkei stock index slipped 0.28%, cooling a bit after the Japanese benchmark hit a 33-year high on optimism over the U.S. debt deal and a weaker yen. Hong Kong's Hang Seng Index climbed 0.31% while China's CSI300 Index dipped 0.06%.
Open FlipThe market reported a half-a-per cent gain on May 29, continuing with the up-trend for the third straight session on the back of positive trends in Asian counterparts. The BSE Sensex climbed over 340 points to 62,846. Stocks that were in action included: 👉🏻eClerx Services 👉🏻Mahindra Lifespace Developers 👉🏻Macrotech Developers
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