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Stock impact report

Asian stocks pare gains on U.S.-China trade tensions, Syria, but euro buoyant [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
Asian stocks pare gains on U.S.-China trade tensions, Syria, but euro buoyant | Reuters 6 Min Read TOKYO (Reuters) - Asian stocks rose modestly on Wednesday but pared early gains as caution again crept into markets over strained U.S-China trade ties and escalating tensions in Syria. Spreadbetters expected European stocks to open lower, with Britain's FTSE .FTSE seen losing 0.3 percent, Germany's DAX .GDAXI slipping 0.4 percent and France's CAC .FCHI shedding 0.4 percent. Wall Street also looked set for a softer start with S&P mini futures ESc1 down 0.5 percent. Chinese President Xi Jinping and U.S. President Donald Trump both struck conciliatory tones on Tuesday, which analysts hoped could open the door for negotiations to avert a trade war. But one report said early talks have already broken down. Adding to market jitters, the United States and its Western allies are reportedly discussing possible military action over a suspected poison gas attack in Syria, a move which could provoke Show less Read more
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