Shares, currencies tentative as attention shifts to U.S. election, stimulus
Shares, currencies tentative as attention shifts to U.S. election, stimulus Reuters | Sep 20, 2020 08:55PM ET By Swati Pandey SYDNEY (Reuters) - Asian shares held to tight ranges on Monday, as did currencies, as investors awaited developments on U.S. fiscal stimulus and coronavirus vaccines amid a resurgence of infections in Europe. MSCI's broadest index of Asia-Pacific shares outside Japan was a shade weaker, though it was not too far from a June 2018 peak at 568.84. Australian ( AXJO ) and New Zealand ( NZ50 ) shares both opened in the red while South Korea's KOSPI ( KS11 ) was 0.1% up. U.S. stock futures, the S&P 500 e-minis ( ESc1 ), were down 0.16%. Japanese markets were closed for a public holiday. "Attention is turning back to negotiations on supplementary fiscal stimulus and the forthcoming U.S. election," ANZ analysts wrote in a note. Coronavirus cases have now surpassed 30 million, casting a gloomy pall over prospects of a V-shaped economic recovery....