Asia shares slip, hard to dodge recession risks

Published by
Reuters UK

By Wayne Cole SYDNEY (Reuters) – Asian shares slipped on Monday and Wall Street futures eked out slight gains amid worries the U.S. Federal Reserve would this week underline its commitment to fighting inflation with whatever rate pain was required. The euro showed little reaction after French President Emmanuel Macron lost control of the National Assembly in legislative elections on Sunday, a major setback that could throw the country into political deadlock. Trade was choppy with the U.S. on holiday and Nasdaq futures see sawed through the session to be last up 0.3%, while S&P 500 futures fir…

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