Asian stocks drop for the third day with the faded momentum of trade agreements

Asian stocks fell for the third consecutive day with the fading momentum caused by the recent trading agreements, at a time when investors in a week were still cautious with economic data and corporate profits. The MSCI and the Pacific Ocean of Asia and the Pacific, led by 0.9%, led by shares in Hong Kong. The dollar settled on Tuesday after scoring its biggest increase in the previous session since May. The oil retained its profits after President Donald Trump requested Russia to quickly reach a ceasefire with Ukraine or face possible economic sanctions. The prices of US Treasury bonds have risen, as yields on bonds have fallen for ten years, by about one basis point to 4.40%. Japanese government bonds have been an auction for two years without any obstacles, as the sales process has recorded the strongest request since October, driven by the attractiveness of the returns that have approached its highest levels since 2008. Optimism caused by the recent customs agreements has faded, at a time when investors turn their focus into a set of basic indicators and inflation. The attention will focus on the decision of the Federal Reserve’s monetary policy Wednesday, where officials are expected to keep interest rates unchanged, followed by issuing the results of the profits of four giant technology companies. Europe defends the agreement amid criticism, Nick Todel, chief analyst of ATFX Global Markets, said the focus of this week is completely transferred to US data and to a lesser extent to the federal reserve. “He added:” Now the picture has become clearer about customs duties, we can be a change of change of the landing, while analysts analyze what the similarities mean for different parties. “European capitals defended the trade agreement, while officials in the industrial sector in Germany warned that the agreement was abandoning the automotive industry, and the European companies were making less competitive. Negotiations with the United States. A meeting to make its decision on monetary policy. Reserve Council. In Japan, Prime Minister Shighgero Ishiba tried to stay in his position and confirmed his call to his position to a number of the prevailing party department adjourned in the aftermath of the historic setback in the election last week.