Asian equities mostly ascend

Asian equities mostly ascend

On Monday, Asian equities made guarded revenues because market participants were set for an event-packed week headlined by American inflation data as well as the first House testimony by the fresh head of the key US bank.

Additionally, European equities demonstrated stronger start, while FTSE stocks gained 0.5%. 

However, market sentiment turned to be vulnerable, with the greenback reversing its early ascend and also safe-haven bonds edging up. It’s because E-Mini futures for the S&P 500 didn’t change.

MSCI's index of Asia-Pacific equities rallied 0.6%, with most bourses finding themselves in the green.

In Japan, Nikkei led with a 1.3% leap, while Chinese blue chips acquired 0.7%.

Market participant were impressed by Friday's ascend on Wall Street that saw the VIX volatility index conclude at 16.49%, which is far below the 50% maximum hit at the climax of market turmoil in February.

The mood has been soothed partly due to hopes that the major US bank will stay gradual as for its tightening policy.

Revenues on U.S. 10-year Treasuries reached 2.85%, drifting away from a four-year maximum of 2.957%.

Financial markets are going to be extremely sensitive to any hint of a leap in core inflation in the United States considering January’s shocking strength of wages as well as Powell to be questioned on the risks soon by Senators.

Meanwhile, in FX markets, the evergreen buck gave up early revenues to dive 0.2% on a basket of major currencies hitting 89.730. It followed a 0.8% rebound the previous week.

Aside from that, it retreated on the Japanese yen to demonstrate 106.66, unable to hold an early 107.28 maximum amid selling by Japan’s exporters for month-end.

The common currency rallied to $1.2314, a bit above the previous week's dip of $1.2258.

American crude futures gained 25 cents being worth $63.80 a barrel, Brent soared 15 cents hitting $67.46.



Latest news

USD Gains Momentum
USD Gains Momentum

The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!

Deposit with your local payment systems

Feel the Team Spirit

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.


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!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

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