Asia shares turn quietly cautious, U.S. crude crushed

Caution gripped Asian share markets on Monday on expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdown, while a glut of supply sent U.S. crude spiralling to 20-year lows. Japan reported its exports fell almost 12% in March from a year earlier, with shipments to the United States down over 16%. MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.2% in slow trade, with a pause needed after five straight weeks of gains. …read more

Source:: Yahoo Finance

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