Asian equities take a time out

Asian equities take a time out

On Tuesday, Asian equities took a tiny step back after three straight trading winning sessions, with financial markets consolidating hoping that an upswing in global surge could outlast a probable hike in American borrowing costs this week.

The latest upbeat news arose from China where in November financial institutions doled out a shockingly generous dose of credit that could bode well for a pick up in industrial output and retail sales due later in the week.

MSCI's index of Asia-Pacific equities outside Japan drifted off 0.3%, having bounced 2% for the last three trading sessions.

Wall Street had been driven by energy and technology equities, with Apple Inc making the greatest contribution. The Dow edged up 0.23%, the S&P 500 gained 0.32%, the Nasdaq leapt 0.51%.

On Wednesday, the Fed is expected to conclude its two-day gathering, while the ECB meets on Thursday.

The common currency has gained 12% on the greenback this year.



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…

promotions you can be interested in

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