• Most Asian stock market indices were trading lower on Monday (16 January) with the Shanghai Composite down 0.98% at 3,082.23 as of 5.49am GMT, following a drop in the sterling to a three-month low.
As of 12:47am EST, the pound was trading 1.2% lower at 1.2036 to the US dollar, ahead of Prime Minister Theresa May's speech scheduled on Tuesday. It is feared that she would signal that the UK was prepared to make a clean and hard exit from the European Union (EU).
• China's main indexes fell for the fifth straight session on Monday, led by tech stocks as investors grew gloomy about 2017 prospects following comments by the premier and official estimates suggesting slowing economic growth in big cities.
The blue-chip CSI300 index was unchanged at 3,319.45 points, while the Shanghai Composite Index lost 0.3percent to 3,103.43 points.
Reference: Reuters
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