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16 Apr 2013
Asian markets refrain from risk after terrorist attack in the US
FXstreet.com (Barcelona) - Mainland China’s Shanghai Composite (-0.20%), Japan’s Nikkei Stock Average (-0.06%) and Hong Kong’s Hang Seng (-0.47%) fell today, resuming yesterday’s mood and taking some risk off the market after the US bombings in Boston, but South Korea’s Kospi (+0.12%) edged higher.
Futures for the German DAX 30 (-0.29%), the French CAC 40 (-0.40%) are signaling a lower opening in reaction to the terrorist news in the US and ahead of EMU CPI and ZEW survey. “The expectations component of April ZEW is more vulnerable to a correction from lofty levels given market sentiment has soured so far this month while the current component is more in line with financial and economic conditions”, wrote TD Securities analyst Annette Beacher.
Futures for the German DAX 30 (-0.29%), the French CAC 40 (-0.40%) are signaling a lower opening in reaction to the terrorist news in the US and ahead of EMU CPI and ZEW survey. “The expectations component of April ZEW is more vulnerable to a correction from lofty levels given market sentiment has soured so far this month while the current component is more in line with financial and economic conditions”, wrote TD Securities analyst Annette Beacher.