Asian stocks are suppressed as Wall St. affected by healthcare vote delay

Asian stocks are suppressed as Wall St. affected by healthcare vote delay

On Wednesday, Asian stocks tumbled after Wall Street was heavily knocked in the wake of a delay to the American healthcare reform vote. Meanwhile, the common currency jumped after European Central Bank President Mario Draghi dropped a hint that the ECB could trim its stimulus in 2017.

Outside Japan MSCI's broadest index of Asia-Pacific stocks decreased 0.4%, drifting away from more than two-year peaks, hit earlier this week. It hit its highest value since May 2015 on Monday.

Japan's Nikkei share average went down 0.3%, experiencing headwinds from the greenback’s reversal of its soar versus the Japanese yen. However, the banking along with insurance sectors managed to outperform on hopes for higher rates.

On Tuesday, the benchmark S&P 500 reported its biggest one-day sag for six weeks and demonstrated its lowest close since May 31, after the American Senate's move to delay voting on a healthcare reform bill spurred concerns on the timeline for President Donald Trump's business-friendly policies.

Similar

Asia-Pacific stocks are mixed

On Friday, Asia-Pacific stock indices were quite mixed amid cautious trading after US President Donald Trump dared to cancel the highly anticipated summit with North Korean leader Kim Jong-no and also accused North Korea of ​​showing great anger as well…

Popular

Crude edges down in Asia on Caixin PMI

On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…

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