Geopolitical risks put pressure on US stock indices
On Wednesday, American stock indices dived due to a new round of geopolitical as well as foreign trade risks…
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.
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