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Asia stocks rise; euro slides on French political quagmire

Asian stocks rise on rally in tech and China shares, while the euro slides due to political uncertainty in France. The dollar is supported by President Trump's warning to BRICS nations against replacing the greenback. The outlook for monetary policy in Europe and the US is also impacting the euro and dollar. Chinese shares receive an additional boost from a robust manufacturing survey, while Japanese bond yields hit a 16-year high on rate hike bets. Cryptocurrencies and oil prices also experience movement.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14147641/Asia-stocks-rise-euro-slides-French-political-quagmire.html
Source Id: 8438147286

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