Asian equities decline with greenback on defensive

Asian equities decline with greenback on defensive

On Wednesday, Asian equities tracked Wall Street's decline overnight, while the evergreen buck stood on the defensive following renewed tensions in the Korean Peninsula.

MSCI's index went down 0.7%.

Japan's Nikkei N225 reached a four-month minimum and last tumbled 0.3%. Australian equities slid 0.6%.

Shanghai went down 0.4%, while Hang Seng lost 1% in Hong Kong.

In South Korea KOSPI slumped 0.3%, with car equities sagging on worries as for their sales in China. The index has gone down for the last four days.

Equities in South Korea are closely watching further risks from North Korea.

American shares dropped overnight, with the S&P 500 going down to its greatest single-day loss for three weeks.

The greenback posted losses versus the Swiss franc and the Japanese yen, thus reflecting the risk-averse mood in the broader financial markets.

The common currency stood still sticking to $1.1913 before Thursday's ECB policy gathering.

Similar

Latest news

The Yen Sets New Lows
The Yen Sets New Lows

The Japanese yen fell to its lowest level against the US dollar in 33 years. Read the full report to learn the next target for USDJPY!

BlackRock CEO Supports The USD
BlackRock CEO Supports The USD

BlackRock CEO forecasts the Fed may have to raise rates further. The US dollar index (DXY) gains 130 points today. Read the full report to get more fresh news and technical analysis!

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera