Asian shares, dollar edge down as markets eye Greece
Asian shares and the dollar edged down in Asian trade on Thursday, with investors on ice ahead of a meeting of European Union leaders later in the session as Greece continued last-minute efforts to avert a default, Reuters reported.
Athens's talks with creditors bogged down on details, with next week's deadline to repay 1.6 billion euros ($1.79 billion) to the International Monetary Fund looming, and threatening to trigger Greece's removal from the euro zone.
The EU leaders are scheduled to convene in Brussels later on Thursday.
"Expect more conflicting reports today, some positive and some negative. We have no idea how this will end," Carl Weinberg, chief economist at High Frequency Economics, wrote in a note to clients.