Global Market Report - May 25, 2018

Stock markets were so far taking the setback in US-North Korea relations in their stride

James Gard 25 May, 2018 | 11:04AM

Asia

With the collapse of the US-North Korea summit talks dominating global news headlines, it was inevitable that markets in Asian Pacific failed to make progress at the end of a choppy week.

Nevertheless, global markets failed to panic, the dollar remained steady and 10-year Treasuty yields remained subdued.

A weaker close on Wall Street also held back gains. Japan’s equity market was the exception, helped by a strengthening dollar against the yen. Nevertheless, inflation remains a concern in Japan, with rises in the cost of living in Tokyo coming in softer than forecasts.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Kingfisher PLC225.20 GBX1.72
SSE PLC1,287.00 GBX-4.03

About Author

James Gard  is content editor for Morningstar.co.uk

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