Asia shares muted on China data, euro on defensive

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The story "Asia shares muted on China data, euro on defensive" was covered 1 weeks ago by The Star, a news publisher based in Malaysia.

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The Star 1w ago

Asia shares muted on China data, euro on defensive - The Star

Quick Summary:

SYDNEY: Asian share markets were in the red on Monday as mixed Chinese economic news underlined the country's bumpy recovery, while political uncertainty in Europe soured risk appetites and kept the euro on the defensive.

The People's Bank of China (PBOC) kept its one-year rate unchanged, dashing some speculation of a cut following surprisingly soft bank lending data.

EUROSTOXX 50 futures bounced 0.3% after last week's steep losses, while FTSE futures edged up 0.4%.