Asian equities rebound as commodities dive

Asian equities rebound as commodities dive

On Wednesday, Asian stocks rebounded from a record maximum because the region's resource stocks were affected by descending crude as well as commodity prices, digital currencies headed south on concerns about tighter regulations.

European equities were believed to go down, with futures braced for a 0.3% dive in Germany's Dax. France’s Cac was set to lose 0.4%, while Britain's FTSE was expected to descend 0.2%.

MSCI's index of Asia-Pacific equities rebounded 0.3% from its record maximum because resource stocks went down after crude as well as other commodities couldn’t resist profit-taking after recent revenues.

Japan's Nikkei N225 dived 0.4% from its 26-year high hit yesterday.

As for Wall Street, it paused its soar, affected by a 1.2% dip in energy stocks and also weakness in General Electric. Additionally, the US conglomerate increased the likelihood of breaking itself up and also unveiled more than $11 billion in charges from the long-term care insurance portfolio and fresh American tax laws.

Similar

Latest news

Increased Volatility is Coming
Increased Volatility is Coming

The Reserve Bank of Australia (RBA) will make a statement and release a Cash Rate on February 7, 05:30 GMT+2. It's among the primary tools the RBA uses to communicate with investors about monetary policy.

Market Crash Incoming?
Market Crash Incoming?

This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.

What Currency Will Overperform?
What Currency Will Overperform?

S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.

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.

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!

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