Caution reigns ahead of US election

Asian markets were mixed on Tuesday in cautious trade as investors awaited the outcome of the knife-edge US presidential election, while concerns over the euro zone returned to the fore.

Eyes are also on the start this week in China of the Communist Party’s 18th congress, which will see a once-in-a-decade leadership transition.

Tokyo softened 0.36 per cent, or 32.29 points, to 8,975.15, Seoul rose 1.05 per cent, or 19.95 points, to 1,928.17 and Sydney closed 0.24 per cent, or 10.7 points, higher at 4,484.8.

via Business feed http://www.scmp.com/business/money/article/1076170/caution-reigns-ahead-us-election