Asian equities hit 10-year maximum

Asian equities hit 10-year maximum

On Monday, Asian equities ascended to a decade maximum because positive Chinese data underpinned commodity prices, while the common currency extended losses right after the Catalan leader didn’t manage to provide a clear answer to whether he declared the region’s independence from Spain or not.

MSCI's index of Asia-Pacific stocks has been growing for a fifth day demonstrating its highest outcome since late 2007.

Japan's Nikkei N225 has been soaring for a sixth day to a value not observed since November 1996. Meanwhile, Australian equities extended their winning marathon to a fourth straight trading session, rising 0.6%. As for South Korea's stock index KS11, it showed a fresh record.

EU stock futures STXEc1 demonstrated a steady start. Meanwhile, Dax futures FDXc1 along with CAC 40 FCEc1 turned to be a bit firmer.

Copper found itself at a three-year top, backed by sturdy economic data from China, which is the world's number one user of metals.



Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

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