Most Asian equities soar

Most Asian equities soar

On Friday, the vast majority of Asian equities demonstrated moderate revenues, although market participants cast nervous eyes at the United States, where legislation to avert a Federal Government shutdown was proceeding in Congress.

On Thursday, the House of Representatives approved a short-term spending bill, although experts still doubt whether it’s going to have the Senate passed on Friday or not. It needs to take place to guarantee funding supply under debt-ceiling regulations.

Still, upbeat mood as for global surge in the wake of Thursday’s official Chinese growth figures helped Asian equities to go up. The Nikkei managed to gain 0.2% with most other regional stocks in the green. Meanwhile, Australia’s ASX 200 happened to be an exception. The benchmarks found itself under the pressure of a minor blue-chip weakness to conclude down 0.2%. 

As for the closely-watched MSCI index of Asian equities, ex-Japan hit a fresh record maximum before rebounding back.


Key EU indexes head south

On Wednesday, European stock indexes went down amid uncertainty with the Italian government as well as worsening market sentiment about the everlasting trade talks between the two largest economies of the world…


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…

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