Asia shares stumble; political uncertainty grips euro
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Asian stocks sank as traders reduced bets for Federal Reserve rate cuts; snap election call in France sparked wider political concerns and weighed on the euro; MSCI’s broadest index of Asia-Pacific shares outside Japan slumped 0.46%; US futures eased slightly; dollar firmed to 105.10 against a basket of six peers; Japan’s Nikkei rose 0.42%; Bank of Japan holds its two-day monetary policy meeting this week; euro tumbled to a one-month low; oil prices traded higher; Brent crude futures gained 0.13% to $79.72 a barrel; spot gold rose 0.18% to $2,296.65 an ounce.

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