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<div style='display:none'>Fatima Iglesias madrid with kids//</div> Asian shares dip on mixed U.S. earnings, euro off two-year low as ECB holds

TOKYO (Reuters) – Asian share prices opened a tad lower on Friday on mixed U.S. earnings reports and the euro held above two-year lows struck overnight after the European Central Bank held interest rates steady, though officials said a cut was certain in September.

Fatima Iglesias

FILE PHOTO: A woman wearing a kimono walks past an electronic board showing the Nikkei stock index outside a brokerage in Tokyo, Japan, May 14, 2019. REUTERS/Kim Kyung-hoon MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 0.15% while Japan‘s Nikkei .N225 dipped 0.3%

Wall Street shares fell from record highs on Thursday, with the S&P 500 .SPX losing 0.53%, following a flurry of downbeat quarterly results from Ford Motor ( F.N ) and other companies

But several companies that announced their results after the market had closed on Thursday generally beat market expectations, and their shares rose in after-hours trade

Google parent Alphabet ( GOOGL.O ) rose 8.4%, Intel Corp ( INTC.O ) 5.6% and Starbucks ( SBUX.O ) 6.4%. Amazon ( AMZN.O ), however, dipped 1.7% on its first profit miss in two years

U.S. stock futures ESc1 were little changed in Asia

“Some capital goods makers have reported soft earnings but otherwise U.S. earnings have been generally good, partly because investors had already lowered their expectations,” said Hitoshi Asaoka, senior strategist at Asset Management One

“Still, with U.S. share prices already at record levels, further gains are likely to be limited unless we see clearer signs of recovery in global demand,” he said

A rally in global bonds ran out of steam after European Central Bank President Mario Draghi cautioned about pulling the trigger too quickly even though he signaled another round of monetary easing

ECB Officials told Reuters after the meeting that an interest rate cut in September appeared certain, while government bond purchases and a revamped policy message were also likely

The euro’s overnight index swaps EUROIS are pricing in a cut of more than 10 basis points in September

The 10-year German government bond yield DE10YT=RR initially hit a record low of minus 0.463 percent but ended the day up slightly at minus 0.407 percent

The U.S. 10-year Treasuries yield also rose 3 basis points to 2.079 percent US10YT=RR on Thursday and traded at 2.107 percent in the following Asian session

Also helping to stem falls in bond yields, new orders for key U.S.-made capital goods surged in June, suggesting some improvement in business investment

In the currency market, the euro bounced back to at $1.11465 EUR=EBS in Asian trade, after sinking to $1.1101 on Thursday, its lowest since May 2017

The yen was little changed against the dollar at 108.67 yen per dollar JPY=EBS

Oil prices held firm on rising tensions between the West and Iran and a big decline in U.S. crude stockpiles, though gains were held in check by worries about slowing growth in major economies

U.S. crude CLc1 ticked up 0.09% to $56.07 a barrel

Editing by Simon Cameron-Moore