Asian stocks were
mixed on Monday in thin trade, following Wall Street's declines and the
G20's decision to drop a pledge to avoid trade protectionism, while the
Federal Reserve's less hawkish-than-expected comments continued to
weigh on the dollar.
European
stocks are set for a subdued start, with financial spreadbetter IG
Markets expecting Britain's FTSE 100 to open little changed and
Germany's DAX to open 0.3 percent lower.
MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3 percent.
Hong Kong's Hang Seng climbed 0.7 percent. Chinese shares were mixed with the CSI 300 down 0.1 percent while the Shanghai Composite added 0.1 percent.
Australian shares closed down 0.36 percent. South Korea ended the day 0.35 percent lower. Japan is closed for a holiday.
The MSCI emerging markets index added 0.4 percent to hit its highest level in more than two years on Monday.
Investor sentiment towards emerging markets, while cooling, remains positive. Emerging market equity funds had their sixth straight week of inflows in the week ending March 15, but the pace slowed.
They had net inflows of $215 million, compared with nearly $1 billion the previous week, according to Thomson Reuters data.
MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3 percent.
Hong Kong's Hang Seng climbed 0.7 percent. Chinese shares were mixed with the CSI 300 down 0.1 percent while the Shanghai Composite added 0.1 percent.
Australian shares closed down 0.36 percent. South Korea ended the day 0.35 percent lower. Japan is closed for a holiday.
The MSCI emerging markets index added 0.4 percent to hit its highest level in more than two years on Monday.
Investor sentiment towards emerging markets, while cooling, remains positive. Emerging market equity funds had their sixth straight week of inflows in the week ending March 15, but the pace slowed.
They had net inflows of $215 million, compared with nearly $1 billion the previous week, according to Thomson Reuters data.
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