• MTS Futures News_AM_20160516

    16 May 2016 | SET News

Asian stocks slipped early on Monday, weighed down by Friday's decline on Wall Street and soft Chinese economic data released over the weekend.

The dollar firmed against the euro and yen after receiving a boost from upbeat U.S. indicators on Friday.

Japan's Nikkei .N225 bucked the trend and climbed 0.4 percent.

The Dow .DJI shed 1 percent and the S&P 500 .SPX fell 0.9 percent on Friday after gloomy earnings from consumer companies overshadowed strong April retail sales numbers. [.N]

China's investment, factory output and retail sales all grew more slowly than expected in April, adding to doubts about whether the world's second-largest economy is stabilizing, data released on Saturday showed. ECONCN


Reference: Reuters

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