Back

Asian stock markets surge ahead Wednesday

FXstreet.com (Barcelona) - Asian equities popped Wednesday, helped in part by the ever-disintegrating JPY, which has lent a huge level of attractiveness to Japanese stocks. Not surprisingly, the Nikkei led the charge today, however Chinese markets also appeared to join in the fun.

Beginning with the indices and composites, the Shanghai rose +0.35% as it settles in region of 2224.80, up +7.79 points in these moments. In addition, the Nikkei 225 is trading in positive territory, operating at 15096.03, surging +337.61 points or +2.29% at the time of writing. Finally, the Hang Seng Index has edged higher today, trading in the zone of 23044.24, presently +0.50% after a movement of +113.96 points.

Moving to commodities the prices of gold and silver are trading at USD $1411.42 and $22.93 per oz. respectively. Moreover, the price of crude is operating at USD $93.52/bbl Wednesday.

Forex: USD/JPY eases off highs to 102.40/42

The USD/JPY rise was capped Wednesday following a movement up to the heights of 102.63 (resistance/session highs). The pair ultimately proved unstable at this mark, instead easing in recent minutes back to 102.40/42, where it resides presently. Despite the easing movement, the cross remains in positive territory, albeit at a marginal +0.01% advance during European trading.
Baca selengkapnya Previous

Forex: EUR/GBP – remains below 0.8500 the figure

EUR/GBP hasn’t held its own above the figure when it printed highs yesterday at 0.8515 and has declined to a low seen in London trading hours of 0.8456.
Baca selengkapnya Next