- Brent futures touch seven-week low; EUR held under $1.13
- Chipmakers rally but Asia stock markets soft
- Bonds, yen supported
SYDNEY, Nov 22 (Reuters) – Stocks made a wobbly start to the week while oil and the euro were under pressure on Monday, as the return of COVID-19 restrictions in Europe and talk about hastened tapering from the U.S. Federal Reserve put investors on guard.
Oil futures skidded about 1% to seven-week lows early in the Asia session, before recovering a little.
MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 0.1%. Futures steadied after selling on Friday and EuroSTOXX 50 futures were up 0.2% and S&P 500 futures up 0.3%.
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