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International Business Times
International Business Times
Business
AFP News

Asian Stocks Struggle After Tepid Wall St Lead, Euro Dips Further

Chinese retail sales beat expectations in May, providing some hope for an improvement in consumer activity (Credit: AFP)

Asian markets mostly fell Monday following last week's losses, with traders trying to assess the Federal Reserve's plans for interest rates, while the euro was weighed by political uncertainty as France prepares for a snap parliamentary election.

While data showed US inflation slowed in May provided fresh hope that the central bank will cut interest rates this year, optimism was tempered by policymakers' paring of expectations for how many would be made.

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