Asian shares slide on Fed rate cut rethink; China GDP in focus [Reuters]
ING Group, N.V. (ING)
US:NYSE Investor Relations:
ing.com/investor-relations.htm
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Source: Reuters
SINGAPORE, April 16 (Reuters) - Asian stocks fell and the dollar climbed to more than five-month highs on Tuesday as stronger-than-expected U.S. retail sales for March further reinforced expectations that the Federal Reserve is unlikely to be in a rush to cut interest rates this year. Rising geopolitical tensions kept risk sentiment in check, lifting prices of gold and oil, while investor focus in Asia turns to China with GDP data due at 0200 GMT. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) New Tab , opens new tab fell 1.4% to nearly seven-week lows of 521.92, with Japan's Nikkei (.N225) New Tab , opens new tab down 1.6%. U.S. stocks closed sharply lower on Monday as a jump in Treasury yields weighed on sentiment amid concerns about rising tensions between Iran and Israel. Israelis awaited word on how Prime Minister Benjamin Netanyahu would respond to Iran's first-ever direct attack on their country. Netanyahu on Monday summoned his war cabi
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