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Asia stocks, dollar subdued as market seeks next catalyst, oil rises

May 9, 2017 By Nichola Saminather SINGAPORE (Reuters) – Asian stock markets were mixed on Tuesday following a flat close on Wall Street, as investors searched for the next catalyst following France’s presidential election, while oil inched higher on expectations OPEC supply cuts will be extended. The South Korean stock market is closed for Tuesday’s presidential election, in which liberal Moon Jae-in is widely expected to win the presidency, following months of leadership vacuum after former President Park Geun-hye was removed on charges of bribery and abuse of power. The…

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Asia stocks mixed after strong Wall Street, dollar gains on U.S. data

March 31, 2017 By Nichola Saminather SINGAPORE (Reuters) – Asian shares were mixed and the dollar extended its overnight gains on Friday on signs of strong U.S. economic growth, while the euro inched up after sliding overnight on data suggesting slowing growth in Europe. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS retreated 0.15 percent, as investors balanced positions on the last day of the month and quarter. The benchmark is up almost 13 percent for the quarter. China’s CSI 300 index added 0.25 percent, putting it on track…

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