Asia markets wobble as Iran deal scrutiny weighs sentiment

1 min read
Source: CNBC
Asia markets wobble as Iran deal scrutiny weighs sentiment
Photo: CNBC
TL;DR Summary

Asia-Pacific stocks fell as investors weighed the durability of the U.S.–Iran interim deal, with Japan’s Nikkei down about 0.6% and Korea’s Kospi around -1.6% while the Kosdaq slid nearly 5%; U.S. futures were lower ahead of a holiday weekend after U.S. shares closed higher on rate-hike expectations. The yen weakened past 161 per dollar, oil prices drifted lower on demand outlook, and Indian IT names slid up to about 7% after Accenture cut its revenue forecast.

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