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Global Markets: Asian shares wobbly as risk sentiment sours, euro buoyant

Reuters  |  SYDNEY/TOKYO 

By Swati Pandey and Tomo UetakeSYDNEY/TOKYO (Reuters) - Asian shares retreated from a 2-1/2 month high on Friday as investors turned away from emerging markets due to uncertainties over global trade relations, and expectations of more U.S. rate hikes and a wind down of a massive monetary stimulus in Europe.MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.1 percent after six straight sessions of gains took it to the highest since mid-March. It was still on track for a weekly gain of more than 1 percent. Chinese shares slipped, with the blue-chip Shangai-Shenzhen index down 1.7 ...

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First Published: Fri, June 08 2018. 13:12 IST
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