Today’s Market News |
Key developments on Wednesday: |
|
| Index | Last | Change | % Change |
|---|---|---|---|
|
unchanged
Nikkei Index
.N225 |
38,474.90 | — | — |
|
trading higher
Hang Seng Index
.HSI |
21,006.97 | +439.45 | 2.14%Positive |
|
trading higher
S&P BSE SENSEX Index
.BSESN |
79,476.63 | +694.39 | 0.88%Positive |
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading higher
|
42,221.88 | +427.28 | 1.02%Positive |
|
trading higher
Nasdaq Composite Index
.IXIC |
18,439.17 | +259.19 | 1.43%Positive |
|
trading higher
S&P 500 Index
.SPX |
5,782.76 | +70.07 | 1.23%Positive |
Wednesday’s trading in Asia may be marked by volatility and uncertainty, but markets may open on a solid footing after a strong reading of U.S. service sector activity sparked a broad-based rally on Wall Street on Tuesday.
The dollar weakened significantly and U.S. bond yields also rose. Currency market volatility is also high. A broad measure of G10 FX implied ‘vol’ is hugging the 18-month high struck last week,
Investors will also focus on any economic support measures from China’s Standing Committee of the NPC convening this week in Beijing. Shanghai stocks closed at a four-week high on Tuesday, boosted by upbeat comments from Premier Li on China’s recovery.
Asian calendar on Wednesday, meanwhile, includes an interest rate decision from Malaysia, inflation data from Taiwan and Thailand, and services PMI data from Japan and India.
for more news visit Reuters.com
