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Stock impact report

Asia stocks subdued as European trade fears flare, Trump comments hit dollar [Reuters]

Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG) 
US:NYSE Investor Relations: smfg.co.jp/english/investor
Company Research Source: Reuters
Asia stocks subdued as European trade fears flare, Trump comments hit dollar | Reuters 4 Min Read TOKYO (Reuters) - Asian stocks eked out modest gains on Friday as investor caution prevailed amid concerns about the European Union imposing retaliatory tariffs on U.S. goods while U.S. President Donald Trump’s criticism of Federal Reserve policy knocked the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS inched up 0.1 percent. Australian stocks added 0.5 percent and South Korea's KOSPI .KS11 edged up 0.07 percent. Japan's Nikkei .N225 reversed earlier modest losses to rise 0.2 percent, lifted as the dollar came off lows versus the yen. Officials from the EU Trade Commission, due to arrive in Washington next week for trade talks, are said to be preparing a list of tit-for-tat actions in response to proposed U.S. tariffs on EU cars. “The latest trade headlines have drawn attention as they come from Europe,” said Masahiro Ichikawa, senior strategist at Sumit Show less Read more
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