Asian equities slipped on Tuesday as nervousness over Greece potentially withdrawing from the euro sapped risk appetite. |||
Tokyo – Asian equities slipped on Tuesday as nervousness over Greece potentially withdrawing from the euro and escalating conflict in Ukraine sapped risk appetite, while the dollar lost steam after its payrolls-inspired rally. Chinese data offered no help to risk assets, as signs of weakness in the world’s second largest economy were reinforced by inflation hitting a five-year low. On the flip side, mounting concern over the slowdown should increase prospects for further stimulus. “This will likely be …read more
Source: Independent Online
