11 Nov 2013
Bouncing equities in Asia
FXstreet.com (Chicago) – Economic data releases in China last Saturday revealed a stronger industrial production at 10.3%. Inflation came in at 3.2% vs. expected results at 3.3% and prior results at 3.5%. In the US the NFP results surprised very positively after beating expectations and generating a bullish sentiment among market participants.
At the moment, Asian equity markets print mixed results with the Nikkei up 1.24%, the Australian S&P/ASX 200 down 0.22%, the Shanghai Composite down 0.21%, the Hang Seng up 0.11%, the Korean Kospi up 0.08%, the Indonesian ISX down 0.82% and the Indian S&P CNX Nifty and Sensex both down 0.75%.
At the moment, Asian equity markets print mixed results with the Nikkei up 1.24%, the Australian S&P/ASX 200 down 0.22%, the Shanghai Composite down 0.21%, the Hang Seng up 0.11%, the Korean Kospi up 0.08%, the Indonesian ISX down 0.82% and the Indian S&P CNX Nifty and Sensex both down 0.75%.