Asian equities leap on American tax cut expectations

Asian equities leap on American tax cut expectations

On Monday, Asian equities added, with market sentiment underpinned by hopes that American lawmakers are going to approve a long-awaited tax bill this week. Meanwhile Chinese shares were weak, following worries as for liquidity as well as tighter regulations in the world's number two economy.

The launch of bitcoin futures on the CME exchange drove hopes that the cryptocurrency's red-hot soar in the cash market could keep unrolling, although their trading debut turned to be modest.

MSCI's index of Asia-Pacific equities MIAPJ0000PUS edged up 0.4%. As for Japan's Nikkei N225, it happened to be the best performer of the region, tacking on 1.6% to approach a 25-year high of 23,382 points reached the previous month.

Meanwhile, American and EU equities are also believed to have a firm start. The near-month FTSE futures contract along with the e-mini S&P futures each gained 0.2%. Aside from that Dow futures headed north 0.4%.

Similar

Asian equities head north

On Tuesday, Asian markets managed to rally, with Apple suppliers outperformed right after the American tech company filed an appeal for the purpose of overturning a sales ban of some of its smartphones in China…

EU equities slump

On Monday, escalating US-Chinese trade tensions impacted European equities due to the fact that market participants fled risk at the beginning of a highly uncertain week, with the UK’s parliamentary vote on Brexit looming too as well as chemicals shares…

Latest news

Greenback edges down

On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

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