Asian markets have gone up today in light of the deescalation in the Ukraine. The yen dropped on this news, pushing Japanese equities higher as export income rose. However, Chinese stocks have taken a hit due to fears of a corporate debt default. All in all, the Nikkei went up 1.20%, the Hang Seng went down 0.34%, ASX 200 went up 0.85%.
European markets are mostly unchanged despite better than expected data from the Eurozone and reduced tension from Eastern Europe. Most of the upward movement occurred yesterday after Russian president Vladimir Putin stated that there was no need send troops further into the Ukraine. Furthermore, investors are anticipating tomorrow’s interest rate decision from the European Central Bank so a little quiet in the market is understandable. The Stoxx 50 closed down 0.01%, the FTSE closed down 0.71%, and the DAX closed down 0.49%.
American indices have been fluctuating after worse than expected employment data clashed with a calmer geopolitical situation. Furthermore, investors are awaiting Nonfarm Payrolls data on Friday, which will shed light on whether or not the overall US labor market is recovering. In the meantime, the Dow is down 0.20%, the S&P is down 0.04%, and the Nasdaq is up 0.08%.
March 5, 2014 – Indices News
Asian markets have gone up today in light of the deescalation in the Ukraine. The yen dropped on this news, pushing Japanese equities higher as export income rose. However, Chinese stocks have taken a hit due to fears of a corporate debt default. All in all, the Nikkei went up 1.20%, the Hang Seng went down 0.34%, ASX 200 went up 0.85%.
European markets are mostly unchanged despite better than expected data from the Eurozone and reduced tension from Eastern Europe. Most of the upward movement occurred yesterday after Russian president Vladimir Putin stated that there was no need send troops further into the Ukraine. Furthermore, investors are anticipating tomorrow’s interest rate decision from the European Central Bank so a little quiet in the market is understandable. The Stoxx 50 closed down 0.01%, the FTSE closed down 0.71%, and the DAX closed down 0.49%.
American indices have been fluctuating after worse than expected employment data clashed with a calmer geopolitical situation. Furthermore, investors are awaiting Nonfarm Payrolls data on Friday, which will shed light on whether or not the overall US labor market is recovering. In the meantime, the Dow is down 0.20%, the S&P is down 0.04%, and the Nasdaq is up 0.08%.
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