Asian equities surge on relief over American debt ceiling deal

Asian equities surge on relief over American debt ceiling deal

On Thursday, Asian equities bounced back after Donald Trump along with congressional leaders suddenly agreed to increase the government debt limit until December, thus excluding the near-term risk of a government shutdown.

The common currency maintained this week's slim revenues before the European Central Bank's policy gathering later in the day.

MSCI's index soared 0.5%. Additionally, Japan's Nikkei N225 went up 0.4%.

The S&P 500 earned 0.31% in New York, driven by revenues in energy sector on the back of a soar in crude prices.

American economic data was optimistic enough, with gauge of services sector activity tacking on in August.

The revival in risk appetite helped the evergreen buck to rebound to 109.11 yen from Wednesday's minimum of 108.45 yen.

Additionally, crude prices managed to maintain much of this week's strong profits because the reopening of American Gulf Coast refineries was good for the outlook after the steep drops provoked by Hurricane Harvey.


Wall Street is intact

On Wednesday, Wall Street's key indexes stood still because a Qualcomm-led soar in chipmakers was compensated by a dive in healthcare shares for the second straight trading marathon, although quarterly gains came in largely positive…

Latest news

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…

Deposit with your local payment systems


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