Asia shares cautious ahead of U.S. inflation test, Bitcoin slides – Reuters
- Date: 24-May-2021
- Source: Reuters
- Sector:Financial Markets
- Country:Middle East
Asia shares cautious ahead of U.S. inflation test, Bitcoin slides – Reuters
Asian shares got off to a cautious start on Monday as investors anxiously awaited a key read on U.S. inflation this week for guidance on monetary policy, while Bitcoin took a hammering after China cracked down on mining and trading of the cryptocurrency.
MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was barely changed in slow trade. Japan's Nikkei (.N225) added 0.1% and South Korea (.KS11) was flat.
Nasdaq futures were off 0.2% and S&P 500 futures were a fraction firmer.