Asiens aktier faldt mandag morgen af frygt for, at der ikke som ventet kommer nye japanske stimuli, af frygt for amerikanske skattestigninger for virksomhederne og af frygt for kinesiske indgreb mod high-sektoren. Kina vil ifølge FT udskille Alipay fra Alibaba Group.
Asia shares step back, Nikkei hesitates near 30-year high
Asian shares made a sluggish start on Monday to a week packed with major U.S. and Chinese economic data and the launch of Apple’s (AAPL) latest iPhones, while the Nikkei was tantalisingly near heights last visited in 1990.
Japanese shares have been on a tear as hopes for fresh stimulus from a new Prime Minister saw the Nikkei surge 4.3% last week. The Topix has already scaled that peak, but the Nikkei dipped 0.3% ahead of the resistance barrier.
Reports U.S. Democrats were considering proposals to raise taxes on corporations and the wealthy, while not exactly new, could make for a cautious mood.
Adding to concerns about Beijing’s regulatory crackdown was an FT report it aimed to break up Alipay, the hugely popular payments app owned by Jack Ma’s Ant Group.
China releases a swath of data on retail sales, industrial output and urban investment on Wednesday that analysts fear will show a further slowdown in the world’s second biggest economy.
MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.7%, after bouncing on Friday. Chinese blue chips were off 0.3%.
Both Nasdaq futures and S&P 500 futures were up 0.1%, after running into profit taking last week.
Wall Street suffered its worst run since February as doubts about the resilience of the global economic recovery hurt former reopening darlings in energy, hotels and travel.
