Asian markets mostly higher following landslide Macron victory in France
The common currency hit a six-month high earlier in the session to trade at USD 1.10 against the dollar but later gave up some its gains. Euro/dollar last traded at USD 1.0965
S&P 500 futures also rose 0.2 percent on the back of the news of the Macron victory as trading began for the week.
Asian markets were higher across the board, with Japan's Nikkei 225 surging 1.68 percent. The Nikkei share average also reached its highest level since December 2015.
South Korea's benchmark Kospi index added 0.56 percent. Over in Australia, the ASX 200 was higher by 0.69 percent, driven largely by its energy and materials sub-indexes which were up 1.87 percent and 1.63 percent respectively.
Greater Chinese markets were mixed. The Hang Seng Index gained 0.32 percent but the Shanghai Composite and Shenzhen Composite were lower by 0.51 percent and 0.429 percent respectively. Losses in mainland Chinese markets come on the back of tighter regulations from the Ministry of Finance on local government funding and the banking sector.
For more real-time market information and new :-
Call Us @ - 9329336363
Email Us @ - info@researchinfotech.in
Visit - http://www.researchinfotech.in/
FACEBOOK TWITTER LINKEDIN GOOGLE+
No comments: