Equities in Asia opened lower as the yen climbed and the euro spiked amid political and legal turmoil surrounding U. S. President Donald Trump.
Equities in Asia opened lower on Wednesday as the yen climbed and the euro spiked amid political and legal turmoil surrounding U. S. President Donald Trump.
The Nikkei opened down 0.48 percent as the safe-haven yen strengthened in the wake of renewed political risk. The dollar was fetching just 112.61 yen at 8: 02 a.m. HK/SIN, an around two-week low.
Across the Korean Strait in South Korea, the Kospi was down 0.23 percent. Australia’s S&P/ASX 200 slipped 0.06 percent.
The euro rose to a six-month high as political event risk receded from the continent. The common currency last traded against the dollar at $1.1090, compared with levels under $1.09 last week.
In the U. S., Trump defended his actions, saying on Twitter that he had «the absolute right» to share classified intelligence with Russian officials. The President’s tweets came after his national security adviser told the media that the incident reported by the Washington Post did not take place.
